Frevolt Secures ₹1 Crore Credit from SBI Under CGTMSE Scheme

At Frevolt, our mission has always been to power the future with clean, sustainable, and affordable energy. In an exciting new development, we are thrilled to announce that Frevolt has been granted a credit of ₹1 crore by the State Bank of India (SBI) under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme. This credit will be used to purchase Adani Solar Panels, further strengthening our commitment to providing top-tier solar energy solutions.

What is the CGTMSE Scheme?

The CGTMSE scheme, introduced by the Government of India, aims to provide financial support to small and micro enterprises by offering credit without requiring collateral. This initiative empowers businesses to scale up without the hurdles of extensive guarantees or pledges. For companies like Frevolt, access to such funding is pivotal to accelerating growth, expanding operations, and making impactful contributions to the renewable energy sector.

Why Adani Solar Panels?

Adani Solar is a key player in India’s renewable energy market, known for manufacturing high-quality, efficient solar panels that align with Frevolt's mission of providing clean energy. With our purchase of Adani panels, we will not only enhance the quality of our solar solutions but also support India's transition to a greener future.

These state-of-the-art solar panels will help us increase the efficiency and sustainability of our projects, ensuring that we continue to provide top-notch solar installations to businesses and households across India.

SBI's Support: Fueling Our Green Ambitions

We are grateful to the State Bank of India (SBI) for their trust in Frevolt and for facilitating this credit under the CGTMSE scheme. SBI’s support allows us to make significant investments in renewable energy technology, which will enable us to broaden our reach, reduce energy costs for our customers, and make solar energy accessible to a wider audience.

What This Means for Frevolt and Our Customers

Securing this credit is a game-changer for us. It allows Frevolt to strengthen our operations, offer even more affordable solar energy solutions, and contribute to building a sustainable energy ecosystem in India.

With the addition of Adani Solar Panels, our installations will be more efficient and reliable, helping us better serve our customers while further reducing their carbon footprint. As India pushes toward its renewable energy targets, we are excited to play a part in leading this transformation.

Building a Greener Future Together!

Frevolt’s journey toward a cleaner and more sustainable world is powered by partnerships and support like this. With SBI’s credit under the CGTMSE scheme, we are one step closer to fulfilling our dream of making solar energy the preferred choice for energy consumption in India.

Our commitment goes beyond sustainability—we are dedicated to meeting our customers' unique energy needs. By providing tailored, high-quality solar installations, we ensure greater energy efficiency and cost savings for our clients. As we move forward, we remain committed to driving positive environmental change and contributing to the country’s renewable energy goals. Frevolt will continue to lead with innovation, offering premium solar solutions that are both eco-friendly and economically viable.

Stay tuned for more updates as we continue to bring innovative solar solutions to life!