SBI will offer loans up to Rs 10 crore to commercial and industrial customers under the Surya Shakti Solar Finance initiative. The partnership is a significant step towards achieving the government’s ambitious target of 100 GW rooftop solar capacity by 2030
Jakson Engineers Limited and the State Bank of India (SBI) have joined forces to accelerate solar energy adoption in India. The partnership, under the Surya Shakti Solar Finance initiative, will provide financial support to commercial, industrial, and institutional sectors for solar energy solutions.
Combining SBI’s banking expertise with Jakson’s solar technology, the collaboration aims to make solar energy more accessible and affordable. This move is expected to contribute significantly to India’s renewable energy goals.
“We are thrilled to partner with the State Bank of India on this exciting initiative,” said Anurag Garg, CEO, Jakson Solar. “This alliance underscores our shared commitment to sustainability and expanding the solar industry. By making financing accessible, we aim to empower a wider range of customers to adopt solar energy, contributing to a greener and more sustainable India.”
SBI will offer loans up to Rs 10 crore to commercial and industrial customers under the Surya Shakti Solar Finance initiative. The partnership is a significant step towards achieving the government’s ambitious target of 100 GW rooftop solar capacity by 2030.