Reportedly, Grew Solar has planned a capital outlay of Rs 28 billion to establish 3.6 GW of solar module and 3 GW of solar cell manufacturing capacity over the next 12-14 months.
Further, the company has structured the investment with a 2:1 debt-equity ratio, where Rs 9.50 billion will be brought in as equity, and the remaining amount will be funded by leading banks in the country. The 3.6 GW module manufacturing facility is currently under installation.
Sunsure Energy has secured Rs 2.62 billion debt financing from FMO, the Dutch entrepreneurial development bank, and Axis Bank for...
Hexa Climate has signed a power purchase agreement (PPA) with CESC Limited for the supply of 100 MW of inter-state...
Jupiter International Limited has received a Letter of Empanelment (LoE) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The...
Hartek Power has secured a 400 MW utility-scale solar engineering, procurement, and construction (EPC) project in Rajasthan. The project will...
GK Energy Limited has received a letter of empanelment (LoE) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000...
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