Global concern over pollution and several issues caused by the increase in greenhouse gas emissions and consequent changes in climate have resulted in a paradigm shift in the approach towards the development of the energy sector in many countries. The need for adoption of clean technology, improving end-use efficiency and diversifying energy bases, etc. have all been seriously considered by the Government of India since the 6th five-year plan and the country is poised for a considerable increase in the use of renewable energy sources in its transition to a sustainable energy base.
Power generation by harnessing wind energy is the most pollution-free renewable and environmentally friendly energy resource in our country. It is in this context that the group has ventured into power generation by tapping non-conventional energy resources. The group has installed 3 No's of 1.25 MW capacity Suzlon Make Wind Electric Generators at the Devarkulam site in Tirunelveli District, Tamil Nadu. About 8 million units are being generated from the WEG'S annually and this is being pumped into the Southern Grid. Identifying the vast potential of alternative energy sources, The Muthoot Group is planning to invest more in this sector in the near future and to fulfill our responsibility to our nation.
Our pioneering steps in the realm of Gold Loans have transformed the very concept of Gold Banking. We changed the concept of Gold Loans from that of a ‘last resort’ or ‘desperate loan’ to a ‘need based product’. And gradually we also succeeded in reshaping the model of Gold Loans into a ‘lifestyle banking product’, pervading them into the urban markets as well. Our diverse customer base comprises not just the underserved from rural corners of the country but also HNIs, Super HNIs and Big Borr...KNOW MORE
Muthoot Finance can today proudly state that its easy Gold Loan schemes have not only facilitated customers with the much needed finance during their times of distress but have also empowered ideas, aspirations, expansions and growth! At Muthoot Finance, it is our privilege and honour to be an integral part of the process of Financial Inclusion and economic progress of the country. We endeavour to continue our efforts in this direction while reshaping lives across India and helping a million...KNOW MORE
Muthoot Chambers, Opp. Sarita Theater Complex Banerji
Road Kochi - 682018
The Muthoot Group, M. G. George Muthoot Towers,
Alaknanda New Delhi - 110019
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