Fourth Partner Energy has received a loan of Rs 5 million from Grameen Impact India, a non-banking finance corporation registered under RBI, towards its Power@1 programme for 18 months. The company will use the funds to implement its Power@1 programme at the Madras Diabetes Research Centre in Tamil Nadu. Through the programme, Fourth Partner Energy aims to provide electricity to non-profit organisations such as government schools and rural hospitals at a rate of Re 1 per kWh.
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