Commercial Bank of Ceylon PLC Partners with Tantri Energy to Promote Renewable Energy Solutions

The Commercial Bank of Ceylon PLC has forged a significant partnership with Tantri Energy, a subsidiary of Tantri Trailers Ltd., to promote the adoption of renewable energy solutions through the bank's Green Loans and Green Leases. This collaboration aims to provide attractive financing options to customers seeking to invest in sustainable energy systems, particularly solar power. The agreement enables customers to obtain financing from Commercial Bank at preferential interest rates for a period of up to seven years, making sustainable choices more accessible and affordable for Sri Lankan households and businesses.

Key Takeaways:

• The Commercial Bank of Ceylon PLC has signed a Memorandum of Understanding (MoU) with Tantri Energy to promote renewable energy solutions through Green Loans and Green Leases.
• The agreement offers financing options at preferential interest rates for up to seven years to customers seeking to invest in sustainable energy systems.
• The bank's green financing products are designed to make sustainable choices more accessible and affordable for Sri Lankan households and businesses.
• The promotion will run until 31 May 2026, as part of Commercial Bank's efforts to promote environmentally responsible practices.
• Customers who choose to install solar solutions via Tantri Energy will receive an industry-leading warranty package, including a 30-year performance warranty on solar photovoltaic panels and comprehensive system warranties.
• The bank offers Green Loans and Green Leases to part finance the purchase cost of solar panels and other equipment related to renewable energy, energy efficiency, emission reduction, water and wastewater management, and waste management.
• Renewable energy solutions will be promoted through the bank's Green Loans and Green Leases, providing attractive financing options to employed and self-employed customers.

Statistics:

• The promotion will run until 31 May 2026.
• Customers can obtain financing at preferential interest rates for a period of up to seven years.
• The bank offers Green Loans and Green Leases to part finance the purchase cost of solar panels and other equipment related to renewable energy, energy efficiency, emission reduction, water and wastewater management, and waste management.

Sources:

• Tantri Trailers Ltd. press release on partnership with Commercial Bank of Ceylon PLC.
• Commercial Bank of Ceylon PLC website on Green Loans and Green Leases.