In line with its spirit of service, the Jammu & Kashmir Bank Friday entered into a tie-up with Tata BP Solar India Ltd for financing of Solar Home Lighting System (SHLS) manufactured by the Company.
Speaking on the occasion Mr. M Amin Vice–president, Strategy and Business Development (S&BD) said, "The Bank has decided to offer people of J&K the hassle free finances for Solar Home Lighting System (SHLS) considered as one of the most viable and sustainable alternate solutions to overcome the shortage of electricity prevalent in our state". The loan for these lighting systems manufactured by Tata Bp Solar India Ltd, a Joint Venture between Tata Power Company and BP Solar one of the largest Solar Companies in the world, shall be offered at competitive interest rates with a five year repaying option.
Tata B P Solar India was represented by its DGM and Northern Head Mr. Amit Kumar. Solar Home Lighting System (SHLS), according to the experts, can, to a large extent, address the issue of power shortage currently faced by the people of J&K.
Moreover, the manufacturing Company has complete infrastructure in place to ensure proper installation, operation, maintenance and services of the SHLS through M/s Green Technologies & Solutions, its sole distributor/channel partner of the Company in J&K.
M/s Green Technologies & Solutions has its network across the State.