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Luminous and SBI Partner to Boost Solar Financing for MSMEs and Industries

Luminous Power Technologies has partnered with the State Bank of India (SBI) to expand solar financing access across India. As part of this 20-year collaboration, Luminous is now integrated into SBI’s solar loans portal, offering financing options for MSMEs, corporates, institutions, and industries.

Under this scheme, customers can avail loans of up to Rs10 crore with reduced processing fees and preferential interest rates for up to 10 years. The initiative aims to eliminate financial barriers, making solar adoption more affordable and accessible.

With SBI’s extensive reach and Luminous’ comprehensive solar solutions, this partnership is set to accelerate India’s clean energy transition, supporting businesses in their shift to sustainable energy sources.