Aerem, OMC Power unlock Rs 2 Billion for solar rooftop funding
08 May 2025 CW Team
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.
“This Rs 2 billion credit partnership is a key step in catalysing India’s journey to a greener and low-carbon economy,� said Vikesh Agrawal, Co-founder and COO, Aerem Solutions. “MSMEs are central to India’s Net Zero ambitions, and by empowering them with easy access to solar financing, we are integrating sustainability into the core of our financing strategy.�
Rohit Chandra, Managing Director and CEO, OMC Power, added, “This 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.�
By combining Aerem’s climate-focused lending capabilities with OMC’s deep energy expertise, the initiative aims to eliminate financial hurdles and expand the reach of distributed solar across India’s MSME sector.