Adani Green Energy today announced a follow-on funding of $ 1.36 billion for construction financing from a consortium of international banks. The funding will take its construction financing framework to $3 billion , it said.
The green loan facility will play a major role in enabling the development of renewable energy park at Khavda in Gujarat, which the company calls the world’s largest renewable energy park.
The funding also marks a significant achievement to develop 2,167 MW at Khavda in the initial stage and enable the future development of the Khavda renewable site.
