Tata Cleantech Capital Limited
Tata Cleantech Capital Limited (TCCL) is a joint venture between Tata Capital and International Finance Corporation (IFC), Washington DC, US. It is registered with the RBI as a systematically important non depositing accepting non-banking financial company.
TCCL offers end to end business solutions in the clean technology space. It identifies, evaluates & funds projects in renewable energy (solar, wind, small hydro, biomass etc), energy efficiency and water treatment sectors. Since its inception, it has provided financial and advisory services to close to 40 clients. Through its industry knowledge & unmatched expertise, TCCL has managed to build an asset size of Rs 1200 crore. Largely driven by its excellent asset book size, the company is rated AA+ by the CRISIL.
In October 2015, TCCL has received the Infrastructure Finance Company license from the RBI and would extend it services in the infrastructure segment too. TCCL is the only Indian company to be featured in United Nations Global Compact survey on CEO's perspectives on climate change released in November, 2015, as a leader in facilitating sustainable business.
International Finance Corporation: TCCL's Strategic Investor
International Finance Corporation (IFC) finances private sector investments in the developing world, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses.
TCCL, in partnership with IFC provides a suitable solution to its clientele and displays Tata promise of quality, world-class service, reliability and trust for all their customer needs.