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State Bank of India

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Projects

LNK Energy secures financing for phase 1 of 6 GW solar manufacturing facility in Maharashtra

July 29, 2026

LNK Energy has secured financial closure for phase 1 of its 6 GW integrated solar manufacturing facility in Maharashtra through the State Bank of India. The project will set up integrated manufacturing operations for ingots, […]

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Financings

Sunstream Green secures Rs 7 billion SBI refinancing for 225 MW solar portfolio

May 21, 2026

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 […]

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Financings

MIGA issues $197.67 million guarantee for rooftop solar refinancing

February 20, 2026

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 of […]

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Financings

Vikram Solar bags Rs 32 billion working capital facilities

February 16, 2026

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 […]

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Financings

HFE bags Rs 19.08 billion funding for hybrid renewable energy project

October 7, 2025

Hero Future Energies Private Limited (HFE), through its special purpose vehicle (SPV) Clean Renewable Energy Hybrid Three Private Limited, has raised Rs 19.08 billion in funding from the State Bank of India (lead) and Canara […]

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Financings

ACME bags Rs 11 billion refinancing for renewable energy project in Rajasthan

September 25, 2025

ACME Solar Holdings Limited has bagged Rs 11 billion domestic financing from the State Bank of India (SBI). The company will utilisie these funds to refinance the existing debt of its 300 MW renewable energy […]

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Projects

HFE raises Rs 10.24 billion funding for hybrid renewable energy project

September 24, 2025

Hero Future Energies Private Limited (HFE), through its special purpose vehicle, Clean Solar Power Barmer Private Limited, has secured Rs 10.24 billion in funding from the State Bank of India. The funding is for the […]

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Projects

ACME Solar bags Rs 38.92 billion funding for 400 MW FDRE project

September 12, 2025

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 […]

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Projects

Orb Energy and SBI partner to augment rooftop solar financing in India

June 10, 2024

Orb Energy and the State Bank of India (SBI) have partnered as part of SBI’s Surya Shakti Solar Finance scheme. This partnership establishes Orb Energy as an authorised vendor for the scheme, which aims to […]

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Projects

SBI floats consultancy tender for 2 MW solar project in Jaipur

November 23, 2022

The State Bank of India is seeking bids from public sector undertakings (PSUs) to provide consultancy services for a 2 MW grid-connected solar project located in Jaipur’s Mahindra World City. The project will be executed […]

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Projects

SBI signs €150 million solar loan agreement with KfW Development Bank

November 10, 2022

The State Bank of India (SBI) has been granted an additional €150 million low-interest loan from Germany’s KfW Development Bank to fund solar projects in India. The loan agreement was signed by the two banks […]

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