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How domestic banks are moving into rural solar power space

Recently, Kotak Mahindra Bank finalised an agreement to provide end-user finance to Simpa Networks, which has more than 65,000 rural customers and was recently acquired by French energy giant ENGIE New Delhi: Solar companies serving rural consumers and businesses have struggled to raise affordable and long-term commercial debt for scaling, despite a national target of […]

Gujarat and Karnataka lead the progress to clean energy transition: IEEFA report – EQ