TAG: "loans"

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IREDA Reports Stellar Growth for December 31, 2024 Quarter

As per provisional figures, IREDA sanctioned loans worth INR 31,087 crore in third quarter, marking an extraordinary 129 percent year-on-year (Y-o-Y) growth compared to INR 13,558 crore in the corresponding period last year.

Loans | January 01, 2025 | By News Bureau | 384

Origis Energy and MUFG Close USD 136 Mn Project Financing for Florida Municipal Solar Project

Rice Creek Solar, a 75 MW project nearing completion, is a PV solar facility contracted by the Florida Municipal Power Agency (FMPA) for its members and is part of one of the largest municipal-backed solar initiatives in the nation.

Loans | April 20, 2024 | By News Bureau | 1498

IREDA Achieves Record Loan Sanctions and Disbursements in FY 2023-24

The company sanctioned loans totaling INR 37,354 crores and disbursed loans worth INR 25,089 crores during the fiscal year, marking a growth of 26.71 percent in the loan book, which now stands at INR 59,650 crores.

Loans | April 02, 2024 | By Abha Rustagi | 1092

Iberdrola Secures EUR 300 Million Loan from World Bank's IFC for Green Energy Projects

The funds are earmarked for renewable initiatives in countries transitioning from fossil fuels, including Morocco, Poland, and Vietnam.

Loans | January 10, 2024 | By Abha Rustagi | 1797

Serentica Renewables Gets Financing for 530 MW Round-The-Clock RE Project in India

Serentica Renewables announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (USD 425 million) for its Round-The-Clock renewable energy project in India.

Loans | January 08, 2024 | By News Bureau | 1866

SJVN Secures INR 10,000 Crore Loan for Renewable Projects

The initiative was led by SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN Limited, in partnership with SBI Capital Markets Ltd.

Loans | December 30, 2023 | By Abha Rustagi | 2645

RBI Guidelines Propel Growth: 50 CBG Projects Commissioned

As of November 1, 2023, fifty CBG projects, supported by both equity from project proponents and debt support from financial institutions, have been successfully commissioned.

Loans | December 15, 2023 | By Abha Rustagi | 2154

Vareyn Solar Partners with Credit Fair to Accelerate Solar Adoption in India

By providing accessible loans through Credit Fair to those seeking to transition to solar energy and combining it with Vareyn Solar's expertise in installation services, this collaboration will make green energy solutions a reality for a broader spectrum of consumers.

Loans | November 23, 2023 | By Abha Rustagi | 1659

REC Approves INR 6,075 Cr Loan to Greenko, INR 3,081 Cr Debt to Serentica Renewables

REC Limited, a prominent Maharatna firm in India, has recently taken significant steps to bolster the renewable energy sector and green finance initiatives. These endeavors align with REC's long-term vision of achieving a green finance loan book worth INR 3 lakh Crore by the FY 2030.

Loans | September 18, 2023 | By EI News Network | 1295

Credit Fair Collaborates with UTL Solar to Provide Solar Rooftop Installation Financing Solutions

As a part of the collaboration, Credit Fair will offer faster, customer-friendly and fully digital lending solutions to UTL Solar customers. The customer onboarding to disbursement journey is completely digital.

Loans | September 13, 2023 | By Anurima Mondal | 1746