Renewable energy services firm BluPine Energy has tied up a Rs 511 crore green loan for its 120 MW solar project in Gujarat.
The green loan financing for the project has been secured through leading global banking institution Standard Chartered, a company statement said.
“With a green loan valued at Rs 511 crore (USD 62 million), this visionary project not only contributes to India’s ambitious clean energy goals but also highlights our unwavering dedication to innovation and environmental responsibility,” Sanjeev Bhatia, CFO of BluPine Energy, said in the statement.