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One of India s leading solar power developers has announced the introduction of a scheme designed to make solar PV installations more attractive to the average consumer.In partnering with Bajaj Finance, Tata Power Solar will provide interest-free loan options for solar products provided the cost of the item in question is below Rs 2.5 lakh, which equates to US$4,000.The loan option, known as an EMI equated monthly installment will be applicable to Tata Power Solar聮s products, which include solar panels, solar water heaters and solar lighting products. Rolled out initially in 20 o stanley cup f India聮s largest cities, the scheme is d stanley cup esigned to make funding a private residential solar PV installation more affordable for the average Indian consumer.Should the initial roll-out prove successful, Tata will expand the scheme nationally in a move that could seriously augment India聮s residential PV sector. We have ensured that the offer is simple and without any hidden cost, said Tata Power Solar VP Gagan Pal. There are a number of people who are hesitant to invest in solar due to the initial upfront cost. We are sure that this offer, with its strong financial incentive, will help people find our products very affordable. Bajaj Finance Ltd, which will underwrite the loans, added that it has developed credit policies to ensu stanley cup re the customer enjoys hassle-free service. This life event should be about buying the desired solar device without having to worry about the money