Freyr Energy Ties up With Axis Bank

Solar energy services company Freyr Energy has tied up with Axis Bank to offer term loans ranging from Rs 5 lakh to Rs 50 lakh for tenures up to five years, for solar rooftop installations in Telangana and Andhra Pradesh.


The loans will be given to MSMEs and self-employed individuals to install Freyr rooftop solar plants for industrial and commercial purposes. Over the past three years, Freyr has installed over 800 solar systems across 14 States in India and Ghana.

Important Takeaways from Above News-
  • Shikha Sharma is the Managing Director & CEO of Axis Bank.
  • The Headquarter of Axis bank is in Mumbai.
Source- The Hindu Business Line

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