Loans

Indian Railway Finance Corporation Limited (IRFC) has signed a loan agreement with a consortium of SBI, HDFC Bank Limited, Sumitomo Mitsui Banking Corporation, GIFT City Branch and DBS Bank Limited for raising external commercial borrowing […]

The Avaada Group has achieved debt closure of nearly $950 million for three utility-scale renewable energy projects under development in Rajasthan and Gujarat. The financing covers a firm and despatchable renewable energy (FDRE) project in […]

Sunstream Green Energy Private Limited has secured refinancing of its Rs 7 billion loan from the State Bank of India (SBI). The refinancing is for the company’s fully operational 225 MW solar portfolio. The power […]

ACEN India has raised Rs 7.52 billion from the Mitsubishi UFJ Financial Group and SMBC. The financing has been raised for the company’s 100 MW wind power project in Bijapur, Karnataka. The company has signed […]

The board of the Power Finance Corporation (PFC) has approved a plan to borrow up to Rs 1.6 trillion from domestic and international markets for FY 2026-27. The company can raise up to Rs 1.1 […]

The Kerala cabinet has approved the Kerala Water Authority’s (KWA) proposal to avail a loan worth Rs 40 billion from the National Bank for Agriculture and Rural Development (NABARD) for the completion of water supply […]

India Infrastructure Finance Company Limited (IIFCL) plans to mobilise up to $1 billion through the MIGA guarantee fund to support infrastructure development across the country. IIFCL is in the process of seeking approval for mobilising […]

Polaris Smart Metering has secured Rs 7.1 billion in financing from British International Investment (BII) for its subsidiary, Hooghly Smart Metering Private Limited, to support the deployment of over 2.2 million smart meters in West […]

HD Renewable Energy has secured approximately JPY 5.4 billion in project financing for its Helios 50 MW grid-scale battery energy storage system (BESS) project located in Hokkaido, Japan. The financing was raised through a green […]

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. […]