Greenlight Planet and Satin Creditcarebring solar solutions to rural householdsinPunjab and Haryana
Greenlight Planet, a recognized global leader in solar home energy productsandSatin Creditcare Network Limited (“SCNL”), the second largest microfinance company in the country has launched operations in Punjab and Haryana to distribute high- quality solar solutions to low income households. This launch is succeeds their partnership that took place in May 2018 and launch of their operations in the state of Rajasthan.
Greenlight Planet’s products will be available at60SCNL branches in Punjab and 28SCNLbranchesin Haryana respectively. The first product that SCNL will be financing to its clients in Punjab and Haryana will be ‘Sun KingTM Boom’, a solar-powered lantern with a built-in radio, MP3 player, and USB port for mobile charging. With a 2-year warranty, this product is in line with the growing aspirations and demand for lighting, mobile-charging and entertainment amongst the rural consumers.
Speaking on the initiative towards enhancing the quality of life in rural Punjab and Haryana, Mr. Dev Verma, COO, Satin CreditcareNetwork Limited said,“We are extremely excited to make Sun KingTM products available to 3,30,000 customers in Punjab and Haryana. Post successful launch in Rajasthan, we are re-assured that this initiative will interest our customers in these two states as well, considering the increasing need and demand for reliable lighting solutions.Along with access to clean energy for our customers, these solar products also give us an opportunity to bridge the massive infrastructure gap and improve the social, economic, environment and health indicators of rural population. SCNL & Greenlight Planet, together, aim to empower our consumers in adopting safe and sustainable solar solutions in their daily lives.”
On the initiation of operations through this partnership, Mr. Sahil Khanna, Partnerships Business Leader, Asia of Greenlight Planet said“Over the last 10 years, we at Greenlight Planet have delivered life-changing solar lighting products to 30 million under-electrified consumers across 65 countries. However, we realize that in order to cover the large underserved market that still exists without reliable electricity supply, it is essential for us to partner with reputable institutions such as SCNL. Their track record of improving lives of rural households by providing micro-loans to engage in self-empowering projects is truly impressive. We are assured that just like in Rajasthan, we, SCNL and Greenlight Planet will jointly uplift many lives with better standard of living and energy sources, here in Punjab and Haryana as well.”
Both the partners are already working together in Rajasthan providing similar solutions to over 1,50,000 clients. With expansion in Punjab, this partnership would be another stepping stone to ensure energy access for all.
