Small Industries Development Bank of India (SIDBI) and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) have signed two MoUs to make direct financing options available for micro, small, and medium enterprises (MSMEs).
MOUs and Agreement
Small Industries Development Bank of India (SIDBI) and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) have signed two MoUs to make direct financing options available for micro, small, and medium enterprises (MSMEs). The agreement was signed during an event organised in the SIDBI's Lucknow office in UP. Of these MoUs, the first one is a structured arrangement for solarisation of residential units at Ayodhya, while the second one is for bio-energy and renewable project financing. The MoUs have been signed to disseminate information about solar and green projects to MSMEs.
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