Oyster Renewable Energy secures ₹1,844 crore loan for Madhya Pradesh power project — details here

Oyster Renewable Energy’s subsidiary, Oyster Green Hybrid Three, has received a loan worth ₹1,844 crore to finance its hybrid power project in Madhya Pradesh.

The company has achieved the financial closure from Union Bank of India to build a 342 MW solar energy facility, making it one of the largest debt financings for a hybrid renewable project in the state, Oyster Renewable Energy said in a press release on Monday.

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