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The Asian Development Bank (ADB) has approved an $850 million loan to support reforms that will speed up the rollout of the Government of India’s flagship rooftop solar program, boosting the resilience of Indian households through better access to affordable clean energy, mobilizing private sector investment, and strengthening the skills of grid personnel and rural entrepreneurs.

The financing for subprogram 2 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program supports the government’s flagship Pradhan Mantri Surya Ghar: Muft Bijli Yojana, which aims to install rooftop solar systems for 10 million low- and middle-income households, adding 30 gigawatts of residential solar capacity by fiscal year 2027.

“The program will help India expand rooftop solar at scale while making clean energy more affordable and accessible to millions of households,” said ADB Country Director for India Mio Oka. “It supports a people-centered energy transition by reducing exposure to energy price and supply shocks, strengthening distribution systems, creating green jobs, expanding opportunities for women, and building stronger domestic clean energy value chains.”

Subprogram 2 builds on subprogram 1, approved in November 2025, which established the policy, institutional, digital, financing, and market foundations for large-scale rooftop solar deployment. The new financing will help scale rooftop solar adoption by improving incentives, financing, grid readiness, utility engagement, skills, and digital monitoring, while supporting domestic manufacturing, storage, recycling, and household use of clean energy.

Upfront costs will be reduced and adoption accelerated under the program through financial assistance for at least 3.5 million rooftop installations, digital application and monitoring systems, distribution company participation, and private sector engagement.

The program will also support training and certification of at least 6,000 people—at least one-third of whom are women—and facilitate new model solar villages and innovative distributed solar projects. It will further strengthen vendor accountability, promote women’s participation in distributed renewable energy, and improve the safe handling and recycling of solar photovoltaic panels and battery waste.

ADB’s support is expected to contribute to India’s target of 30 gigawatts of cumulative rooftop solar capacity, reduce carbon dioxide equivalent emissions by 28.8 million tons, and expand access to affordable solar energy.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms that will speed up the rollout of the Government of India’s flagship rooftop solar program, boosting the resilience of Indian households through better access to affordable clean energy, mobilizing private sector investment, and strengthening the skills of grid personnel and rural entrepreneurs.

The financing for subprogram 2 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program supports the government’s flagship Pradhan Mantri Surya Ghar: Muft Bijli Yojana, which aims to install rooftop solar systems for 10 million low- and middle-income households, adding 30 gigawatts of residential solar capacity by fiscal year 2027.

“The program will help India expand rooftop solar at scale while making clean energy more affordable and accessible to millions of households,” said ADB Country Director for India Mio Oka. “It supports a people-centered energy transition by reducing exposure to energy price and supply shocks, strengthening distribution systems, creating green jobs, expanding opportunities for women, and building stronger domestic clean energy value chains.”

Subprogram 2 builds on subprogram 1, approved in November 2025, which established the policy, institutional, digital, financing, and market foundations for large-scale rooftop solar deployment. The new financing will help scale rooftop solar adoption by improving incentives, financing, grid readiness, utility engagement, skills, and digital monitoring, while supporting domestic manufacturing, storage, recycling, and household use of clean energy.

Upfront costs will be reduced and adoption accelerated under the program through financial assistance for at least 3.5 million rooftop installations, digital application and monitoring systems, distribution company participation, and private sector engagement.

The program will also support training and certification of at least 6,000 people—at least one-third of whom are women—and facilitate new model solar villages and innovative distributed solar projects. It will further strengthen vendor accountability, promote women’s participation in distributed renewable energy, and improve the safe handling and recycling of solar photovoltaic panels and battery waste.

ADB’s support is expected to contribute to India’s target of 30 gigawatts of cumulative rooftop solar capacity, reduce carbon dioxide equivalent emissions by 28.8 million tons, and expand access to affordable solar energy.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms that will speed up the rollout of the Government of India’s flagship rooftop solar program, boosting the resilience of Indian households through better access to affordable clean energy, mobilizing private sector investment, and strengthening the skills of grid personnel and rural entrepreneurs.

The financing for subprogram 2 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program supports the government’s flagship Pradhan Mantri Surya Ghar: Muft Bijli Yojana, which aims to install rooftop solar systems for 10 million low- and middle-income households, adding 30 gigawatts of residential solar capacity by fiscal year 2027.

“The program will help India expand rooftop solar at scale while making clean energy more affordable and accessible to millions of households,” said ADB Country Director for India Mio Oka. “It supports a people-centered energy transition by reducing exposure to energy price and supply shocks, strengthening distribution systems, creating green jobs, expanding opportunities for women, and building stronger domestic clean energy value chains.”

Subprogram 2 builds on subprogram 1, approved in November 2025, which established the policy, institutional, digital, financing, and market foundations for large-scale rooftop solar deployment. The new financing will help scale rooftop solar adoption by improving incentives, financing, grid readiness, utility engagement, skills, and digital monitoring, while supporting domestic manufacturing, storage, recycling, and household use of clean energy.

Upfront costs will be reduced and adoption accelerated under the program through financial assistance for at least 3.5 million rooftop installations, digital application and monitoring systems, distribution company participation, and private sector engagement.

The program will also support training and certification of at least 6,000 people—at least one-third of whom are women—and facilitate new model solar villages and innovative distributed solar projects. It will further strengthen vendor accountability, promote women’s participation in distributed renewable energy, and improve the safe handling and recycling of solar photovoltaic panels and battery waste.

ADB’s support is expected to contribute to India’s target of 30 gigawatts of cumulative rooftop solar capacity, reduce carbon dioxide equivalent emissions by 28.8 million tons, and expand access to affordable solar energy.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms that will speed up the rollout of the Government of India’s flagship rooftop solar program, boosting the resilience of Indian households through better access to affordable clean energy, mobilizing private sector investment, and strengthening the skills of grid personnel and rural entrepreneurs.

The financing for subprogram 2 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program supports the government’s flagship Pradhan Mantri Surya Ghar: Muft Bijli Yojana, which aims to install rooftop solar systems for 10 million low- and middle-income households, adding 30 gigawatts of residential solar capacity by fiscal year 2027.

“The program will help India expand rooftop solar at scale while making clean energy more affordable and accessible to millions of households,” said ADB Country Director for India Mio Oka. “It supports a people-centered energy transition by reducing exposure to energy price and supply shocks, strengthening distribution systems, creating green jobs, expanding opportunities for women, and building stronger domestic clean energy value chains.”

Subprogram 2 builds on subprogram 1, approved in November 2025, which established the policy, institutional, digital, financing, and market foundations for large-scale rooftop solar deployment. The new financing will help scale rooftop solar adoption by improving incentives, financing, grid readiness, utility engagement, skills, and digital monitoring, while supporting domestic manufacturing, storage, recycling, and household use of clean energy.

Upfront costs will be reduced and adoption accelerated under the program through financial assistance for at least 3.5 million rooftop installations, digital application and monitoring systems, distribution company participation, and private sector engagement.

The program will also support training and certification of at least 6,000 people—at least one-third of whom are women—and facilitate new model solar villages and innovative distributed solar projects. It will further strengthen vendor accountability, promote women’s participation in distributed renewable energy, and improve the safe handling and recycling of solar photovoltaic panels and battery waste.

ADB’s support is expected to contribute to India’s target of 30 gigawatts of cumulative rooftop solar capacity, reduce carbon dioxide equivalent emissions by 28.8 million tons, and expand access to affordable solar energy.

ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

Readily Solutions, a technology-driven integrated clean energy company, has announced a milestone in its growth journey as it accelerates preparations for its planned Initial Public Offering (IPO). Backed by an investment from renewable energy veteran Sunil Sharma, strengthened corporate governance through his appointment to the Board of Directors, and the appointment of Amros Consulting LLP as its investment banking advisor. The firm will work closely with the company on capital markets strategy, corporate structuring, investor engagement, governance enhancement, strategic fundraising initiatives and preparation for its proposed public market listing.

Readily also announced a revenue target of INR 450-500 Crores for FY 2026-27, representing significant growth over its consolidated revenue of approximately INR 143 Crores in FY 2025-26. The projected growth is supported by a strong execution pipeline across renewable energy, sustainable infrastructure, electric mobility, EV charging infrastructure and clean energy services.

The company has undergone a transformation over the past few years, evolving from an electric mobility-focused enterprise into a technology-driven integrated clean energy company. The company has introduced two focused business verticals-Readily Energy and Readily Mobility-to address India’s rapidly expanding clean energy ecosystem.

Unlike conventional renewable energy or electric mobility companies operating in individual segments, Readily has developed an integrated business model spanning renewable energy generation, solar EPC, intelligent energy management, EV charging infrastructure, battery swapping, fleet solutions, clean energy services and sustainable infrastructure. This integrated approach enables the company to participate across multiple high-growth segments of India’s energy transition while creating a scalable, technology-enabled platform.

Commenting on the announcement, Hiteshh Sharma, Founder and CEO, Readily Solutions, said, “The next phase of Readily’s journey is centred on building a professionally governed, technology-driven clean energy enterprise capable of creating long-term value for all stakeholders. Our revenue guidance for FY 2026-27 reflects the strength of our execution capabilities, expanding project portfolio and confidence in India’s rapidly growing clean energy market. Welcoming Sunil Sharma as a strategic investor and Board member further strengthens our leadership, while partnering with Amros Consulting LLP marks an important step in our capital markets journey. Together, these milestones position Readily strongly as we prepare for our planned IPO.”

Commenting on the development, Sunil Sharma, Director, Readily Solutions, said, “India’s clean energy transition presents one of the country’s most significant long-term growth opportunities. Readily has built a differentiated integrated platform combining renewable energy, electric mobility and sustainable infrastructure under a single strategic vision. My investment in the company reflects my confidence in its leadership, execution capabilities and long-term growth potential. I look forward to contributing to Readily’s next phase of expansion and supporting its journey towards becoming a publicly listed company.”

Roopa Gupta, Partner, Amros Consulting LLP, said, “Businesses preparing to access public markets must combine scalable operations with strong governance, disciplined execution and a clear growth strategy. Readily has established a compelling platform in one of India’s fastest-growing sectors, supported by a robust business pipeline and experienced leadership. We are pleased to partner with the company as it strengthens its institutional readiness and advances towards its planned public listing.”

Readily Solutions, a technology-driven integrated clean energy company, has announced a milestone in its growth journey as it accelerates preparations for its planned Initial Public Offering (IPO). Backed by an investment from renewable energy veteran Sunil Sharma, strengthened corporate governance through his appointment to the Board of Directors, and the appointment of Amros Consulting LLP as its investment banking advisor. The firm will work closely with the company on capital markets strategy, corporate structuring, investor engagement, governance enhancement, strategic fundraising initiatives and preparation for its proposed public market listing.

Readily also announced a revenue target of INR 450-500 Crores for FY 2026-27, representing significant growth over its consolidated revenue of approximately INR 143 Crores in FY 2025-26. The projected growth is supported by a strong execution pipeline across renewable energy, sustainable infrastructure, electric mobility, EV charging infrastructure and clean energy services.

The company has undergone a transformation over the past few years, evolving from an electric mobility-focused enterprise into a technology-driven integrated clean energy company. The company has introduced two focused business verticals-Readily Energy and Readily Mobility-to address India’s rapidly expanding clean energy ecosystem.

Unlike conventional renewable energy or electric mobility companies operating in individual segments, Readily has developed an integrated business model spanning renewable energy generation, solar EPC, intelligent energy management, EV charging infrastructure, battery swapping, fleet solutions, clean energy services and sustainable infrastructure. This integrated approach enables the company to participate across multiple high-growth segments of India’s energy transition while creating a scalable, technology-enabled platform.

Commenting on the announcement, Hiteshh Sharma, Founder and CEO, Readily Solutions, said, “The next phase of Readily’s journey is centred on building a professionally governed, technology-driven clean energy enterprise capable of creating long-term value for all stakeholders. Our revenue guidance for FY 2026-27 reflects the strength of our execution capabilities, expanding project portfolio and confidence in India’s rapidly growing clean energy market. Welcoming Sunil Sharma as a strategic investor and Board member further strengthens our leadership, while partnering with Amros Consulting LLP marks an important step in our capital markets journey. Together, these milestones position Readily strongly as we prepare for our planned IPO.”

Commenting on the development, Sunil Sharma, Director, Readily Solutions, said, “India’s clean energy transition presents one of the country’s most significant long-term growth opportunities. Readily has built a differentiated integrated platform combining renewable energy, electric mobility and sustainable infrastructure under a single strategic vision. My investment in the company reflects my confidence in its leadership, execution capabilities and long-term growth potential. I look forward to contributing to Readily’s next phase of expansion and supporting its journey towards becoming a publicly listed company.”

Roopa Gupta, Partner, Amros Consulting LLP, said, “Businesses preparing to access public markets must combine scalable operations with strong governance, disciplined execution and a clear growth strategy. Readily has established a compelling platform in one of India’s fastest-growing sectors, supported by a robust business pipeline and experienced leadership. We are pleased to partner with the company as it strengthens its institutional readiness and advances towards its planned public listing.”

Readily Solutions, a technology-driven integrated clean energy company, has announced a milestone in its growth journey as it accelerates preparations for its planned Initial Public Offering (IPO). Backed by an investment from renewable energy veteran Sunil Sharma, strengthened corporate governance through his appointment to the Board of Directors, and the appointment of Amros Consulting LLP as its investment banking advisor. The firm will work closely with the company on capital markets strategy, corporate structuring, investor engagement, governance enhancement, strategic fundraising initiatives and preparation for its proposed public market listing.

Readily also announced a revenue target of INR 450-500 Crores for FY 2026-27, representing significant growth over its consolidated revenue of approximately INR 143 Crores in FY 2025-26. The projected growth is supported by a strong execution pipeline across renewable energy, sustainable infrastructure, electric mobility, EV charging infrastructure and clean energy services.

The company has undergone a transformation over the past few years, evolving from an electric mobility-focused enterprise into a technology-driven integrated clean energy company. The company has introduced two focused business verticals-Readily Energy and Readily Mobility-to address India’s rapidly expanding clean energy ecosystem.

Unlike conventional renewable energy or electric mobility companies operating in individual segments, Readily has developed an integrated business model spanning renewable energy generation, solar EPC, intelligent energy management, EV charging infrastructure, battery swapping, fleet solutions, clean energy services and sustainable infrastructure. This integrated approach enables the company to participate across multiple high-growth segments of India’s energy transition while creating a scalable, technology-enabled platform.

Commenting on the announcement, Hiteshh Sharma, Founder and CEO, Readily Solutions, said, “The next phase of Readily’s journey is centred on building a professionally governed, technology-driven clean energy enterprise capable of creating long-term value for all stakeholders. Our revenue guidance for FY 2026-27 reflects the strength of our execution capabilities, expanding project portfolio and confidence in India’s rapidly growing clean energy market. Welcoming Sunil Sharma as a strategic investor and Board member further strengthens our leadership, while partnering with Amros Consulting LLP marks an important step in our capital markets journey. Together, these milestones position Readily strongly as we prepare for our planned IPO.”

Commenting on the development, Sunil Sharma, Director, Readily Solutions, said, “India’s clean energy transition presents one of the country’s most significant long-term growth opportunities. Readily has built a differentiated integrated platform combining renewable energy, electric mobility and sustainable infrastructure under a single strategic vision. My investment in the company reflects my confidence in its leadership, execution capabilities and long-term growth potential. I look forward to contributing to Readily’s next phase of expansion and supporting its journey towards becoming a publicly listed company.”

Roopa Gupta, Partner, Amros Consulting LLP, said, “Businesses preparing to access public markets must combine scalable operations with strong governance, disciplined execution and a clear growth strategy. Readily has established a compelling platform in one of India’s fastest-growing sectors, supported by a robust business pipeline and experienced leadership. We are pleased to partner with the company as it strengthens its institutional readiness and advances towards its planned public listing.”

Readily Solutions, a technology-driven integrated clean energy company, has announced a milestone in its growth journey as it accelerates preparations for its planned Initial Public Offering (IPO). Backed by an investment from renewable energy veteran Sunil Sharma, strengthened corporate governance through his appointment to the Board of Directors, and the appointment of Amros Consulting LLP as its investment banking advisor. The firm will work closely with the company on capital markets strategy, corporate structuring, investor engagement, governance enhancement, strategic fundraising initiatives and preparation for its proposed public market listing.

Readily also announced a revenue target of INR 450-500 Crores for FY 2026-27, representing significant growth over its consolidated revenue of approximately INR 143 Crores in FY 2025-26. The projected growth is supported by a strong execution pipeline across renewable energy, sustainable infrastructure, electric mobility, EV charging infrastructure and clean energy services.

The company has undergone a transformation over the past few years, evolving from an electric mobility-focused enterprise into a technology-driven integrated clean energy company. The company has introduced two focused business verticals-Readily Energy and Readily Mobility-to address India’s rapidly expanding clean energy ecosystem.

Unlike conventional renewable energy or electric mobility companies operating in individual segments, Readily has developed an integrated business model spanning renewable energy generation, solar EPC, intelligent energy management, EV charging infrastructure, battery swapping, fleet solutions, clean energy services and sustainable infrastructure. This integrated approach enables the company to participate across multiple high-growth segments of India’s energy transition while creating a scalable, technology-enabled platform.

Commenting on the announcement, Hiteshh Sharma, Founder and CEO, Readily Solutions, said, “The next phase of Readily’s journey is centred on building a professionally governed, technology-driven clean energy enterprise capable of creating long-term value for all stakeholders. Our revenue guidance for FY 2026-27 reflects the strength of our execution capabilities, expanding project portfolio and confidence in India’s rapidly growing clean energy market. Welcoming Sunil Sharma as a strategic investor and Board member further strengthens our leadership, while partnering with Amros Consulting LLP marks an important step in our capital markets journey. Together, these milestones position Readily strongly as we prepare for our planned IPO.”

Commenting on the development, Sunil Sharma, Director, Readily Solutions, said, “India’s clean energy transition presents one of the country’s most significant long-term growth opportunities. Readily has built a differentiated integrated platform combining renewable energy, electric mobility and sustainable infrastructure under a single strategic vision. My investment in the company reflects my confidence in its leadership, execution capabilities and long-term growth potential. I look forward to contributing to Readily’s next phase of expansion and supporting its journey towards becoming a publicly listed company.”

Roopa Gupta, Partner, Amros Consulting LLP, said, “Businesses preparing to access public markets must combine scalable operations with strong governance, disciplined execution and a clear growth strategy. Readily has established a compelling platform in one of India’s fastest-growing sectors, supported by a robust business pipeline and experienced leadership. We are pleased to partner with the company as it strengthens its institutional readiness and advances towards its planned public listing.”