MSME Solar Scheme 2023, Setup Solar plant without investment and save huge bills.

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The program aims to support the adoption of sustainable energy practices by small and mid-sized enterprises while also bringing in cost efficiency by helping them curtail their expenses towards power and fuel.
MSMEs will be able to reduce their operational cost, get a flexible loan tenure at competitive interest rates and end-to-end support from Yes Bank’s team through the entire cycle of planning to implementation, the bank said.
According to the programme’s details, a term loan of up to Rs 3 crore for six years with a moratorium of six months will be provided for ground/rooftop mounted solar panel installation for captive electricity consumption of manufacturers.