ReNew Power enters into ECB project loan worth $1 billion
ReNew Power has entered into an external commercial borrowings (ECB) project finance loan agreement with 12 international lenders led by Rabobank. The renewable project has a capacity of 1,300 MW with round-the-clock (RTC) power supply […]
Funds Flow: Financiers’ views
Despite the ongoing energy crisis and subsequent commodity price inflation, the past year has proven to be favourable for the renewable energy sector. According to the International Renewable Energy Agency, the global weighted average cost […]
PFC approves loan for 5,000 passenger EVs and 1,000 cargo EVs
Power Finance Corporation Limited (PFC), a Maharatna company and a leading Non-Banking Financial Company (NBFC) has sanctioned a loan of Rs 6.33 billion to Gensol Engineering Limited. The loan intends to purchase 5,000 passenger electric […]