Loans

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]