{"id":595504,"date":"2023-08-03T10:34:09","date_gmt":"2023-08-03T05:04:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595504"},"modified":"2023-08-03T10:34:09","modified_gmt":"2023-08-03T05:04:09","slug":"renew-gets-rs-2700-cr-project-loan-from-sbi","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-gets-rs-2700-cr-project-loan-from-sbi\/","title":{"rendered":"ReNew gets Rs 2,700-cr project loan from SBI"},"content":{"rendered":"<p>ReNew has secured a project loan of \u20b92,700 crore from the State Bank of India for its 403 MW Peak Power Project, signalling that local lenders that lost money having advanced large funds to power plants a decade ago are finally beginning to extend loans to them &#8211; but to only those with a robust equity component in the capital structure.<\/p>\n<p>To be sure, Petronas&#8217; clean energy subsidiary, Gentari, recently acquired a 49% equity stake in this project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReNew has secured a project loan of \u20b92,700 crore from the State Bank of India for its 403 MW Peak Power Project, signalling that local lenders that lost money having advanced large funds to power plants a decade ago are finally beginning to extend loans to them &#8211; but to only those with a robust equity component in the capital structure. To be sure, Petronas&#8217; clean energy subsidiary, Gentari, recently acquired a 49% equity stake in this project.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-595504","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=595504"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595504\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}