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.

Real Estate

11 Mar 2026

Kumar Corp Launches Plumeria Project In Bengaluru

Kumar Corp has launched Kumar Plumeria, a premium residential development near KIADB Aerospace Park in Bengaluru. The project comprises six residential towers offering 3.5 BHK, 3.5 BHK with staff and 4.5 BHK with staff residences designed with expansive balconies, natural ventilation and landscaped surroundings. The development features saleable areas ranging from about 2,680 sq. ft. to 3,070 sq. ft. and is planned as a low-density community with around 100 residences. The project integrates a landscape master plan that includes open green spaces, community zones and recreational amenities. ..

Technology

11 Mar 2026

Blum India Launches Blum Club App

Blum India has introduced the Blum Club app, a loyalty platform designed for carpenters and contractors to recognise and reward their role in furniture installation and interior construction. The app allows users to scan QR codes on Blum product packaging to collect points linked to purchases. These points can be redeemed directly as monetary transfers to bank accounts through the platform’s redemption system. Neelam Shah, Head of Marketing and Communications at Blum India, said the initiative is aimed at recognising the contribution of craftsmen who install hardware products in residentia..

Building Material

11 Mar 2026

Enlight Metals Launches Waste Free Steel Procurement Model

Enlight Metals has introduced its Waste Free Steel (WFS) initiative, aimed at transforming steel procurement through precision-driven sourcing and advanced material planning. The programme seeks to reduce steel wastage by 8–10 per cent in infrastructure and EPC projects by shifting procurement practices from volume-based buying to drawing-based supply aligned with engineering requirements.The initiative is powered by Enlight Metals’ Agentic AI–enabled metal procurement platform, which enables project teams to submit technical drawings and material specifications for detailed analysis. Ba..