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Aerem, OMC Power unlock Rs 2 Billion for solar rooftop funding
POWER & RENEWABLE ENERGY

Aerem, OMC Power unlock Rs 2 Billion for solar rooftop funding

Aerem Solutions and OMC Power have joined hands in a strategic partnership to facilitate Rs 2 billion in financing for rooftop solar solutions aimed at MSMEs in Uttar Pradesh. The collaboration seeks to promote clean energy access and affordability, helping MSMEs adopt solar power through device financing.

Under this agreement, Aerem, via its NBFC arm, will extend credit support to customers of OMC Power. The financing will empower MSMEs to install energy-efficient rooftop solar systems with ease, furthering India's low-carbon goals and enabling sustainable business growth in underserved regions.

鈥淭his Rs 2 billion credit partnership is a key step in catalysing India鈥檚 journey to a greener and low-carbon economy,鈥� said Vikesh Agrawal, Co-founder and COO, Aerem Solutions. 鈥淢SMEs are central to India鈥檚 Net Zero ambitions, and by empowering them with easy access to solar financing, we are integrating sustainability into the core of our financing strategy.鈥�

Rohit Chandra, Managing Director and CEO, OMC Power, added, 鈥淭his partnership marks a major milestone in enabling MSMEs to embrace clean energy. Our collaboration with Aerem brings together complementary strengths to create real impact at the grassroots level.鈥�

By combining Aerem鈥檚 climate-focused lending capabilities with OMC鈥檚 deep energy expertise, the initiative aims to eliminate financial hurdles and expand the reach of distributed solar across India鈥檚 MSME sector.

Aerem Solutions and OMC Power have joined hands in a strategic partnership to facilitate Rs 2 billion in financing for rooftop solar solutions aimed at MSMEs in Uttar Pradesh. The collaboration seeks to promote clean energy access and affordability, helping MSMEs adopt solar power through device financing.Under this agreement, Aerem, via its NBFC arm, will extend credit support to customers of OMC Power. The financing will empower MSMEs to install energy-efficient rooftop solar systems with ease, furthering India's low-carbon goals and enabling sustainable business growth in underserved regions.鈥淭his Rs 2 billion credit partnership is a key step in catalysing India鈥檚 journey to a greener and low-carbon economy,鈥� said Vikesh Agrawal, Co-founder and COO, Aerem Solutions. 鈥淢SMEs are central to India鈥檚 Net Zero ambitions, and by empowering them with easy access to solar financing, we are integrating sustainability into the core of our financing strategy.鈥漅ohit Chandra, Managing Director and CEO, OMC Power, added, 鈥淭his partnership marks a major milestone in enabling MSMEs to embrace clean energy. Our collaboration with Aerem brings together complementary strengths to create real impact at the grassroots level.鈥滲y combining Aerem鈥檚 climate-focused lending capabilities with OMC鈥檚 deep energy expertise, the initiative aims to eliminate financial hurdles and expand the reach of distributed solar across India鈥檚 MSME sector.

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