Solar Financing for MSMEs by SIDBI and Luminous Power Technologies
Sector: Power Generation (CCGT) • Location: India
Source: Solarbytes
Luminous Power Technologies and the Small Industries Development Bank of India (SIDBI) have signed an MoU to increase solar financing access for micro, small and medium enterprises (MSMEs) across India. The initiative offers loans up to INR 50 crore ($220,000). The process i
- Status
- Prospective
- Sector
- Power Generation (CCGT), Solar
- Location
- India
- Updated
- 22 Jul 2026
- Source
- Solarbytes
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Project Information
Participants
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Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
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Description
Description | Luminous Power Technologies and the Small Industries Development Bank of India (SIDBI) have signed an MoU to increase solar financing access for micro, small and medium enterprises (MSMEs) across India. The initiative offers loans up to INR 50 crore (~$5.5 million) with repayment tenures up to 10 years, including an interest subsidy of up to 2% on loans up to INR 2 crore (~$220,000). The process is digital with minimal documentation and loan sanctions possible within seven days. The financing structure allows up to 100% project funding, with deployment and institutional financing support provided by Luminous and SIDBI. |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | Solarbytes |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Solar |
Article published date | 2026-04-26 |
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