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Extension of timeline for financial closure and completion of projects under PM KUSUM scheme – reg – EQ

Summary: — ### Context and Background The Ministry of New and Renewable Energy issued this Office Memorandum to address concerns raised by various stakeholders, including project developers, state implementing agencies, and financial institutions. The primary challenge was that banks and financial institutions were hesitant to extend loans for projects under the Pradhan Mantri Kisan Urja […]

Directions to REIAs-reg. – EQ

BluPine Energy Private Limited Achieves Financial Closure of ₹376 Crore for 100 MW Solar Project in Gujarat – EQ

Standard Chartered acted as Sole Mandated Lead Arranger, Lender, Green Loan Coordinator New Delhi/Ahmedabad – BluPine Energy Private Limited (henceforth BluPine Energy), an Actis backed leading renewable energy platform, today announced the successful financial closure of debt funding worth ₹376 crore for its 100 MW solar power project being developed in Tharad, Banaskantha district, Gujarat. […]

Directions to REIAs-reg. – EQ

SJVN Green Energy achieves financial closure of its 1000 MW solar power project – EQ Mag

SJVN Green Energy, a wholly owned subsidiary of the Company today accomplished a major millstone of financial closure of its 1,000 MW solar power project under execution at Bikaner, Rajasthan. The EPC contract of this project has been awarded to Tata Power Solar Systems. Total cost of the project is Rs 5,723.59 crore. The project […]

Global Investor TPG to Acquire Aseem Infrastructure Finance in ₹4,000 Crore Clean Energy Financing Push – EQ