Home › Renewable energy ›Juniper Green Energy Inks INR 5000 Crore MoU with PFC for Funding 1200 MW RE Projects
Juniper Green Energy Inks INR 5000 Crore MoU with PFC for Funding 1200 MW RE Projects
With this development, Juniper Green Energy is on track to achieve more than 4000 MW of capacity by 2027 with a diversified portfolio of solar, wind and hybrid projects.
July 24, 2023. By Anurima Mondal
On the sidelines of the G20 Summit at the 14th Clean Energy Ministerial (CEM) meeting, Juniper Green Energy signs a Memorandum of Understanding (MOU) for INR 5,000 crore with Power Finance Corporation Ltd. (PFC) for funding its upcoming 1200 MW of Renewable Energy projects.
With this development, Juniper Green Energy is on track to achieve more than 4000 MW of capacity by 2027 with a diversified portfolio of solar, wind and hybrid projects. Juniper Green Energy aims to be a pivotal player in contributing to accomplishing India’s net zero target. Juniper Green Energy has an existing portfolio of about 800 MW with an under-construction capacity of 435 MW and a development pipeline of more than 3000 MW of solar, wind and hybrid projects under various stages of development.
Speaking on this development, Parag Agrawal, CFO of Juniper Green Energy said, “We are thankful to PFC for reposing confidence in us towards fulfilling our mission of delivering the promise of a sustainable future for posterity. The collaboration will support us in pursuing exciting opportunities as we play a critical role in meeting the exponential growth of sustainable energy for India.”
With this development, Juniper Green Energy is on track to achieve more than 4000 MW of capacity by 2027 with a diversified portfolio of solar, wind and hybrid projects. Juniper Green Energy aims to be a pivotal player in contributing to accomplishing India’s net zero target. Juniper Green Energy has an existing portfolio of about 800 MW with an under-construction capacity of 435 MW and a development pipeline of more than 3000 MW of solar, wind and hybrid projects under various stages of development.
Speaking on this development, Parag Agrawal, CFO of Juniper Green Energy said, “We are thankful to PFC for reposing confidence in us towards fulfilling our mission of delivering the promise of a sustainable future for posterity. The collaboration will support us in pursuing exciting opportunities as we play a critical role in meeting the exponential growth of sustainable energy for India.”
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