Loans

Sunsure Energy has secured a long-term loan of Rs 2.26 billion from Tata Capital. The funding has been raised to strengthen their 75 MW solar projects and will be divided among their five special purpose […]

UltraTech Cement has secured a sustainability-linked loan (SLL) of $500 million from six lenders including Sumitomo Mitsui Banking Corporation (SMBC), State Bank of India (SBI), BNP Paribas, Development Bank of Singapore (DBS), Mitsubishi UFJ Financial […]

UltraTech Cement has secured a sustainability-linked loan (SLL) of $500 million from six lenders including Sumitomo Mitsui Banking Corporation (SMBC), State Bank of India (SBI), BNP Paribas, Development Bank of Singapore (DBS), Mitsubishi UFJ Financial […]

To support the development, construction, operations and maintenance of a 400 MW solar PV plant in Gujarat, India, Engie will receive Rs 14.6 billion in the form of a project finance senior debt facility in […]

The Japan Bank for International Cooperation (JBIC) has signed a loan agreement of up to JPY 25.5 billion with Power Finance Corporation (PFC). JBIC will contribute JPY13.5 billion, with the rest co-funded by Sumitomo Mitsui […]

The Asian Development Bank (ADB) has sanctioned loans worth $240.5 million for financing rooftop solar systems in India. The funding will be allocated to State Bank of India (SBI) and National Bank for Agriculture and […]

Tata Power Limited is planning to secure up to $1 billion in local currency to finance clean energy projects, potentially marking the largest such loan in India this year. Reportedly, discussions are underway with major […]

Jakson Green has secured a Rs 600 million sustainable trade facility from HSBC India. This funding will cover the company’s working capital needs for its renewable energy business, both within India and abroad. In addition, […]

Bank loans sanctioned to the infrastructure and construction sectors have grown by 30 per cent in the past five years. According to the Reserve Bank of India (RBI), the total loans for both the sectors […]

Cleantech Solar has announced the financial closure of a long-term senior secured loan amounting to Rs 8.55 billion from Aseem Infrastructure Finance Limited for the advancement of its open access commercial and industrial (C&I) portfolio […]

Power Finance Corporation Limited (PFC) has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) for a term loan of Rs 18.69 billion. As per the agreement, the loan will be used […]

Punjab National Bank (PNB) and India Infrastructure Finance Company Limited (IIFCL) have signed an agreement to offer long-term financial assistance to viable infrastructure projects. With this, both the institutions will collaborate to fund the infrastructure […]

Avaada Energy, the renewable energy division of Avaada Group, has secured approximately Rs 3.15 billion in financing from Aseem Infrastructure Finance Limited. The funding will support Avaada Energy’s solar photovoltaic power project, which is being […]

Bank loans sanctioned to the infrastructure and construction sectors have grown by 30 per cent in the past five years. According to the Reserve Bank of India (RBI), the total loans for both the sectors […]

BluPine Energy has secured Rs 4.18 billion loan from HDFC Bank for its 120 MW solar project in Sadla, Gujarat. The plant is expected to generate about 323,000 MWh of solar energy annually after completion. […]

Tata Power Solar Systems Limited has collaborated with Indian Bank to provide residential customers installing rooftop solar (RTS) systems with a collateral-free loan. Through the partnership, financing options for photovoltaic systems up to 3 kW […]

The National Bank for Financing Infrastructure and Development (NaBFID) is eyeing fresh sanctions of Rs 1 trillion for new projects and refinancing through structured instruments in 2024-25. Besides lending activity, as part of the development […]

In 2023-24, REC Limited has achieved a significant milestone by sanctioning loans amounting to Rs 3.59 trillion, marking a remarkable 33.66 per cent increase from the previous year’s Rs 2.68 trillion. Notably, a substantial portion […]

The board of Indian Renewable Energy Development Agency (IREDA) has sanctioned a borrowing plan amounting to Rs 242 billion for the fiscal year 2024-25. The borrowing endeavour incorporates diverse methods of acquiring funds, highlighting IREDA’s […]

Vodafone Idea Limited (Vi) has received approval from its shareholders to raise Rs 200 billion through equity and equity-linked instruments. With shareholders’ approval in place, the company expects to complete the equity fund raise in […]