Own generation here and now: OTP BANK and INDIAN SOLAR to help businesses invest in solar power plants

From now on, companies planning to invest in their own power generation and improve energy efficiency can obtain financing from OTP BANK JSC to implement projects by INDIAN SOLAR, a company specializing in turnkey solar power plants and biomass energy generation facilities.

"Energy independence should become a reality for every company rather than be postponed until the future. Together with INDIAN SOLAR, we help businesses implement their own generation and energy-efficiency projects faster under comfortable financing terms," said Iryna Kabantseva, Head of projects and programs for alternative sales channels at OTP BANK.

The Bank offers clients flexible lending instruments to bring INDIAN SOLAR’s energy-efficiency solutions to life. Financing terms предусматривают an individual approach to each client, competitive interest rates, convenient repayment schedules, and the possibility of structuring transactions with due consideration for specific business needs.

Among the key financing terms offered by OTP BANK:

• loans are available for up to 7 years, subject to a down payment starting from 15%;
• the purchased equipment serves as collateral;
• in addition, companies may use the state program “Affordable Loans 5-7-9%”, implemented by the Government at the initiative of the President of Ukraine through the National Development Institution;
• an EBRD compensation option of up to 30% of the project cost is available.

Thanks to prompt application review and timely financing, OTP BANK enables businesses to move quickly to the implementation of their energy initiatives. Detailed information about the Bank’s distributed generation support program is available via the