Aerem and OMC Power to finance rooftop solar projects in UP

Aerem Solutions Private Limited and OMC Power Limited have signed an agreement to finance rooftop solar power projects worth Rs 2,000 million in Uttar Pradesh.

The partnership will support Micro, Small and Medium Enterprises (MSMEs) in setting up rooftop solar systems. Aerem, through its non-banking financial company (NBFC), will provide loans to OMC Power’s customers to fund these installations.

This initiative targets a major challenge for MSMEs—access to affordable financing for clean energy solutions. By making rooftop solar more financially accessible, the firms aim to expand distributed solar energy use across the state.

Aerem brings financing and design support to the table, which will help MSMEs adopt solar more easily. OMC Power, a renewable energy firm founded in 2011, operates 350 solar power plants. It focuses on rural energy access and serves telecom firms, small businesses, and households.

The agreement is expected to increase solar adoption across underserved areas, supporting both sustainability and local business growth.