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.

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.

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