Zero upfront cost model aims to drive faster adoption of clean energy among commercial and industrial users.
Tata Power Launches ‘Pay-As-You-Save’ Rooftop Solar Scheme for Businesses in Punjab.
Tata Power Renewable Energy Limited (TPREL) has introduced its innovative ‘pay-as-you-save’ rooftop solar scheme for commercial and industrial consumers in Punjab, starting with Ludhiana. The initiative enables businesses to switch to solar power with zero upfront investment, lowering entry barriers to clean energy adoption. Under the programme, TPREL plans to install around 200 MW of rooftop solar capacity across Punjab over the next three years. Through its ‘Sustainable Edge’ initiative, companies can repay the cost via monthly EMIs or lease rentals that are aligned with the savings generated from solar power, helping improve cash flows while reducing energy expenses. The SunSmart Flexi EMI programme further offers collateral-free financing, competitive interest rates, flexible tenures and a fully digital approval process. With Punjab’s strong base of textiles, engineering, auto components and food processing industries facing rising power costs, the scheme positions renewable energy as a practical and strategic solution for long-term operational efficiency and sustainability.