Daijiworld News Network – Mangalore (VM)
Mangalore, Dec 31: Karnataka Bank Limited has entered into a memorandum of understanding (MoU) with Sun Technics Energy Pvt Ltd for financing the purchase of solar water heating and home light systems.
According to a press release, the bank stated that finance would be extended to customers under KBL Ravikiran scheme.
The MoU was signed by G K Bhat, General Manager of the bank and Rajesh Bhat, Director and Country Manager, Sun Technics Energy.
Sun Technics Energy is a manufacturer of solar equipment such as solar photovoltaic systems, solar water heating systems, solar lanterns, and bio energy and wind energy systems, having technical collaboration with the Indian Institute of Science, Bangalore.