Jakson Green bags Rs 600 million sustainable trade facility

Jakson Green has bagged an 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. Additionally, Jakson Green is actively extending its international presence in the Middle East, Africa, CIS countries, and Europe.

In May 2024, Jakson Green planned to invest Rs 35 billion through private equity investors and non-recourse financing to enhance its renewable energy portfolio.

In March 2024, Jakson Green signed its first power purchase agreement with Solar Energy Corporation of India for a utility-scale solar project.