Luminous Power Technologies partners with SIDBI to expand solar financing access for MSMEs
Type: Partnership · Technology: Solar · Country: India · Announced: 2026-04-22
Luminous Power Technologies has partnered with the Small Industries Development Bank of India (SIDBI) to enhance solar financing accessibility for Indian Micro, Small, and Medium Enterprises (MSMEs). This Memorandum of Understanding (MoU) enables MSMEs to secure loans up to ₹50 crore with flexible terms and interest subsidies. The partnership aims to facilitate swift approvals and full project funding, thereby promoting the adoption of clean energy and fostering sustainable growth among MSMEs. This collaboration is designed to support the expansion of solar energy solutions across India's MSME sector.
Counterparties
- Luminous Power Technologies (Partner)
- Small Industries Development Bank of India (Partner)