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Loans

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Loans

IRFC signs Rs 50 billion term loan agreement with MAHAGENCO

January 5, 2026

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 […]

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Loans

ACME Solar bags Rs 47.2 billion financing for clean energy projects

December 22, 2025

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 […]

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Loans

Petronet LNG signs Rs 120 billion loan agreement

December 15, 2025

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 […]

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Loans

ADB approves $650 million loan to accelerate rooftop solar adoption

December 8, 2025

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 […]

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Loans

ADB sanctions $400 million loan to improve roads in Maharashtra

December 1, 2025

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 […]

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Loans

ReNew secures $331 million from ADB for 837 MWp hybrid project with 415 MWh BESS

November 17, 2025

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 […]

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Loans

REC sanctions funding for Brookfield’s 1,040 MW renewable energy project

November 10, 2025

The REC Limited has approved Rs 75 billion in funding for Brookfield’s 1,040 MW hybrid renewable energy project. The project is situated at Kurnool, Andhra Pradesh, and is being developed by Evren. Furthermore, it features […]

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Loans

ADB sanctions $460 million loan to boost agricultural solarisation in Maharashtra

November 4, 2025

The Asian Development Bank (ADB) has approved a results-based loan of $460 million. The loan is intended to upgrade rural power infrastructure and promote distributed renewable energy generation. It further aims to boost agricultural productivity […]

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Loans

Hero Future Energies secures Rs 19.08 billion for 120 MW hybrid project in Andhra Pradesh

October 14, 2025

Hero Future Energies Private Limited has secured a Rs 19.08 billion loan from the State Bank of India and Canara Bank for its 120 MW renewable hybrid project at Kurnool, Andhra Pradesh. The project will be […]

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Loans

PFCL and JBIC sign Rs 32 billion loan agreement for bamboo-based bio-ethanol plant in Assam

October 13, 2025

PFC has signed a loan agreement worth Rs 32 billion with the Japan Bank for International Cooperation (JBIC) to finance a bamboo-based bioethanol and chemicals project in Assam. The loan was signed under JBIC’s Global […]

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Loans

H.G. Infra achieves financial closure for implementation of elevated corridor in Gujarat

October 13, 2025

H.G. Narol Sarkhej Highway Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited, achieved financial closure for the implementation of the Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor Project (NH-47). The […]

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Loans

ADB approves final tranche of loan under Delhi-Meerut RRTS

October 6, 2025

Asian Development Bank (ADB) has approved the final tranche of loan worth Rs 26.54 billion under the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project. The project involves development of 82.15 km RRTS connecting Delhi-Ghaziabad-Meerut corridor […]

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Loans

IRFC announces Rs 164.89 billion loan for thermal power expansion projects

October 6, 2025

Indian Railway Finance Corporation (IRFC) signed loan agreements for two loans totalling Rs 164.89 billion for large-scale thermal power expansion projects. IRFC has signed a Rs 105.6 billion loan agreement with Mahagenco (Maharashtra State Power […]

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Loans

KPI Green secures Rs 32 billion financing for solar and hybrid project in Gujarat

September 30, 2025

KPI Green Energy Limited has received a sanction of Rs 32 billion from the State Bank of India. The financing will be utilised to partly fund the company’s solar and hybrid independent power producer projects […]

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Loans

ACME Solar bags Rs 38.92 billion funding for 400 MW FDRE project

September 15, 2025

ACME Venus Urja Private Limited, a fully owned subsidiary of ACME Solar Holdings Limited, has obtained Rs 38.92 billion in project funding from the State Bank of India (SBI). The funding has been secured for […]

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Loans

PFC signs €150 million loan agreement with KfW for RDSS projects

September 1, 2025

Power Finance Corporation Limited (PFC) has signed a €150 million loan agreement with Germany’s KfW to finance projects under the Government of India’s revamped distribution sector scheme (RDSS). The loan proceeds will be used for […]

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Loans

ADB sanctions a soft loan of Rs 42.5 billion to Puducherry

August 18, 2025

The Asian Development Bank (ADB) has sanctioned a soft loan of Rs 42.5 billion to Puducherry for infrastructure development. The loan will be payable over 50 years, carrying an interest rate of three to four […]

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Loans

Adani Airports Holdings secures $1 billion financing for Mumbai International Airport

August 12, 2025

Adani Airports Holdings Limited has secured $1 billion in financing through a project finance structure for the Mumbai International Airport Limited. The transaction comprises the issuance of $750 million notes maturing in July 2029, to […]

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Loans

ADB and GCF launch $200 million green financing programme in India

July 7, 2025

The Asian Development Bank (ADB) has partnered with the Green Climate Fund (GCF) to launch the India Green Finance Facility (IGFF), supported by $200 million in concessional funding from GCF. The facility aims to unlock […]

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Loans

JSW secures Rs 93 billion financing for acquisition

July 7, 2025

JSW has arranged a Rs 93 billion financing to fund its acquisition of Akzo Nobel. The funding structure comprises a mix of debt, convertible instruments, and a loan against promoter shares. The deal includes Rs […]

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