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India’s leading rooftop solutions company, MYSUN, has tied up to raise Rs 15 crore in debt funding from Tata Cleantech Capital (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington DC, US.
The company had recently launched its solar asset vehicle MYSUN+ to develop projects under the distributed and open access models with an investment of Rs 600 crore in the first phase. This term loan will be used to fund the existing projects of MYSUN+ and the credit line will be used to develop its pipeline projects.
MYSUN is also expanding its presence across different markets and
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