Lucknow Solar Power Development Corporation (LSPDCL), a joint venture company of the Solar Energy Corporation of India (SECI) and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), has invited bids to secure a term loan of ₹300 million (~$3.31 million) from scheduled commercial banks or financial institutions. The loan proceeds will be used to meet the CAPEX requirements for developing infrastructure in solar power parks in Kanpur Dehat and Kanpur Nagar in Uttar Pradesh.