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Shriram Finance launches Shriram Green Finance for sustainable projects

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Author: PPD Team Date: 23/12/2024

Shriram Finance Limited has introduced Shriram Green Finance, a dedicated vertical for funding sustainable projects beyond electric vehicles (EVs). 

The initiative will focus on financing EVs, battery charging stations, renewable energy products, energy-efficient machinery, and other green energy solutions.

Shriram Green Finance aims to achieve an Asset Under Management (AUM) of Rs 50 billion within 3 to 4 years by securing domestic and global funds for green investments. 

Leveraging its presence in semi-urban and rural areas, the company plans to expand its EV portfolio in Karnataka, Kerala, the National Capital Region, and Maharashtra.

The company is also collaborating with original equipment manufacturers (OEMs) to build long-term partnerships, ensuring accessible EV financing.

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