The Agency for New and Renewable Energy Research and Technology (Anert) has signed a Memorandum of Understanding with ESAF Small Finance Bank to facilitate loans for installation of solar power plants through www.buymysun.com.
ANERT CEO Narendra Nath Veluri and vice president of ESAF bank George Oommen K. signed the MoU on Friday. The project is part of the ‘solar city’ initiative which seeks to fulfil the energy needs of Thiruvananthapuram by harnessing renewable energy sources. Households opting for rooftop solar power plants will be eligible for subsidy ranging from 20% to 40%. For details, dial 9188119415.