Aerem and OMC Power to Fund Rs 2 Billion for Solar Rooftop Adoption

09 May 2025 CW Team

Under this agreement, Aerem through its NBFC, will enable credit facilities of Rs 2 billion to OMC Power’s customers, enabling MSMEs to invest in energy-efficient solar systems with easy financing solutions. This initiative reflects both companies’ shared commitment to advancing sustainable economic growth and promoting clean energy practices, especially in underserved regions such as Uttar Pradesh.

Vikesh Agrawal, Co-founder and COO, Aerem Solutions stated, “At Aerem, we are committed to catalysing India’s journey to a greener and low-carbon economy. This Rs 2 billion credit partnership is a key step in that direction. 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 said, “This partnership marks a major milestone in enabling MSMEs to embrace clean energy. At OMC, we believe that democratising access to sustainable solutions is essential to India’s Net Zero future. Our collaboration with Aerem brings together complementary strengths to create real impact at the grassroots level. This initiative is expected to significantly expand the footprint of distributed solar solutions across MSMEs, supporting energy cost savings, business competitiveness, and environmental stewardship.”

The partnership combines Aerem’s expertise in climate-focused financing with OMC Power’s deep operational presence and understanding of grassroots energy needs. Together, the two companies aim to remove financial barriers and accelerate distributed solar deployment for MSMEs across India.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Aerem Solutions and OMC Power have entered into a strategic partnership to unlock Rs 2 billion in financing for rooftop solar solutions targeted at India’s Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. The collaboration is designed to scale solar adoption among MSMEs by providing access to affordable finance, supporting India’s transition toward a low-carbon economy.Under this agreement, Aerem through its NBFC, will enable credit facilities of Rs 2 billion to OMC Power’s customers, enabling MSMEs to invest in energy-efficient solar systems with easy financing solutions. This initiative reflects both companies’ shared commitment to advancing sustainable economic growth and promoting clean energy practices, especially in underserved regions such as Uttar Pradesh.Vikesh Agrawal, Co-founder and COO, Aerem Solutions stated, “At Aerem, we are committed to catalysing India’s journey to a greener and low-carbon economy. This Rs 2 billion credit partnership is a key step in that direction. 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 said, “This partnership marks a major milestone in enabling MSMEs to embrace clean energy. At OMC, we believe that democratising access to sustainable solutions is essential to India’s Net Zero future. Our collaboration with Aerem brings together complementary strengths to create real impact at the grassroots level. This initiative is expected to significantly expand the footprint of distributed solar solutions across MSMEs, supporting energy cost savings, business competitiveness, and environmental stewardship.”The partnership combines Aerem’s expertise in climate-focused financing with OMC Power’s deep operational presence and understanding of grassroots energy needs. Together, the two companies aim to remove financial barriers and accelerate distributed solar deployment for MSMEs across India.

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Infrastructure Urban

30 Aug 2025

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Infrastructure Urban

30 Aug 2025

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..