Question
Recently WAAREE, India's largest Solar Panel
manufacturer, has entered into an agreement with which public sector bank for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme?Solution
Working Capital for channel partners-WAAREE, India's largest Solar Panel manufacturer, has entered into an agreement with SBI for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). It intends to leverage over 500 Cr of a credit line and provide a digital platform for a hassle-free journey to loan applicants for financing solar projects.
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