PYSE launches India’s first fractionally-owned solar plant

PYSE, an investment platform for sustainable projects with a ticket size of just Rs 5,000, has launched India's first and largest fractional solar power plant in Karnataka. The factory is built with an investment of Rs 260 million, with an average ticket size of Rs 25,000.

The project is strategically divided into four tranches, where the first three tranches are worth Rs 160 million. Tranche 1, 2 and 3 were oversubscribed 2.5 times and the money was collected in three days in meedigung. The project is supported by more than 600 private investors and is equipped to deliver solar energy to large customers who operate factories.

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