Loans

Power Grid Corporation of India Limited’s (POWERGRID) board of directors has approved raising funds through an unsecured rupee term loan or line of credit bank facility of up to Rs 40 billion from State Bank […]

Evren has secured around $600 million in financing for its firm and despatchable renewable energy (FDRE) hybrid project in Andhra Pradesh and Rajasthan. The project has an installed capacity of nearly 1 GW. It combines […]

The Multilateral Investment Guarantee Agency (MIGA), which houses the World Bank Group Guarantee Platform, has provided a $197.67 million guarantee to Citibank N.A. The five-year guarantee supports Citi’s non-shareholder loan extended to the State Bank […]

Sunsure Energy has secured Rs 6.06 billion in debt funding for multiple renewable energy projects from Aseem Infrastructure Finance Limited and RBL Bank. Of this, Rs 4.61 billion was provided by Aseem Infrastructure Finance Limited […]

Powergrid Corporation of India Limited (POWERGRID) has planned to raise up to Rs 50 billion through an unsecured rupee term loan or line of credit from Union Bank of India. The funds will provide the […]

India’s first maritime-focused non-banking financial company (NBFC), Sagarmala Finance Corporation Limited (SMFCL) has commenced lending operations. SMFCL approved loan sanctions of about Rs 43 billion, with a target to build a Rs 80 billion loan […]

Vikram Solar has inked an agreement to renew and enhance its existing working capital facilities. The enhanced facilities, extended by a consortium of lenders, amount to Rs 32 billion. According to the terms of the […]

AMPIN Energy Transition Private Limited has raised $50 million from FMO, a Dutch investment bank, to develop greenfield renewable energy projects across India. The long-term investment will support the company’s ongoing portfolio expansion in both […]

The Indian Railway Finance Corporation (IRFC) has signed a loan agreement of $300 million with the Sumitomo Mitsui Banking Corporation (SMBC). This marks the first commercial borrowing by IRFC in the past three years. The […]

The Uttar Pradesh government has approved an interest-free loan of Rs 24.74 billion for the Yamuna Expressway Industrial Development Authority (YEIDA). The funding will support land acquisition and industrial development in the expressway region. The […]

Juniper Green Energy Limited has secured debt financing of Rs 20.39 billion from a consortium of domestic and international lenders to support the development of its upcoming renewable energy projects and those of its subsidiaries. […]

NLC India Limited (NLCIL) has finalised its maiden green loan under the external commercial borrowing framework, equivalent to $100 million, with SMBC. The proceeds will be used exclusively to finance the capital expenditure of renewable […]

Apraava Energy has secured a total of $92 million in financing from British International Investment (BII) and Standard Chartered to expand its advanced metering infrastructure footprint in India. The transaction includes Rs 4.005 billion each […]

GMR Cargo and Logistics Limited (GCLL), a wholly owned subsidiary of GMR Airports Limited, has secured a Rs 7.5 billion term loan from Axis Bank to fund part of the development of the upcoming cargo […]

Indian Railway Finance Corporation (IRFC) has signed a Rs 50 billion rupee-denominated term loan agreement with Maharashtra State Power Generation Company (MAHAGENCO). Of the sanctioned amount, Rs 30 billion has already been disbursed. IRFC is […]

ACME Solar Holdings has bagged a debt tie-up of Rs 47.2 billion from Indian financial institutions. Out of the total financing, Rs 27.1 billion has been secured from Power Finance Corporation for ACME’s 300 MW […]

Petronet LNG Limited signed a loan agreement on December 10, 2025 to borrow a secured rupee term loan of Rs 60 billion each totalling to Rs 120 billion from the consortium comprising of the State […]

The Asian Development Bank (ADB) has approved a $650 million policy-based loan to support the Government of India’s efforts to scale up rooftop solar deployment and provide clean electricity access to 10 million households by […]

A $400 million results-based lending (RBL) scheme to enhance road connectivity in Maharashtra has been approved by the Asian Development Bank (ADB). The loan will be utilised to improve road connectivity in 34 districts, especially […]

ReNew Energy Global Plc has secured $331 million in debt financing from the Asian Development Bank (ADB) for a hybrid renewable energy project in Andhra Pradesh. The project comprises 837 MWp of solar and wind […]