Apraava Energy secures Rs 800-crore funding

Apraava Energy on Wednesday said it has secured Rs 800.9 crore (USD 92 million) from British International Investment (BII), the UK’s development finance institution and impact investor, and Standard Chartered.

This transaction demonstrates the partnership between two UK institutions, channelling commercial and development finance capital into a key sector for India’s energy transition journey, Apraava Energy said in a statement.

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