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Financings

POWERGRID to raise Rs 50 billion loan from Union Bank of India

March 11, 2026

Powergrid Corporation of India Limited (POWERGRID) has planned to raise up to Rs 50 billion through an unsecured rupee term loan or line of credit from Union Bank of India. The funds will provide the […]

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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

Oyster Renewable secures financial close of solar-wind hybrid project 

October 1, 2025

Oyster Green Hybrid Three Private Limited, a subsidiary of Oyster Renewable Energy Private Limited, has achieved financial close of its 342 MW solar-wind hybrid power project in Madhya Pradesh. It has secured a project loan […]

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Financings

IREDA, UBI and BoB collaborate to co-finance renewable energy projects

September 6, 2023

Indian Renewable Energy Development Agency (IREDA), Union Bank of India (UBI), and Bank of Baroda (BoB) have signed MoU to expedite the growth of clean power in India. With the help of these agreements, IREDA […]

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Projects

Tata Power Solar collaborates with Union Bank for solar solutions at MSMEs

November 18, 2022

Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has partnered with Union Bank of India (UBI) to assist the Micro, Small and Medium Enterprises (MSME) sector […]

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