Manish Chourasia

BluPine Energy Gets Rs. 239 Cr Funds For Solar Project In Chhattisgarh

BluPine Energy recently acquired Rs. 239 Crore in financial assistance from Tata Capital. The company plans to use these funds for a solar power project in Chhattisgarh. BluPine Energy’s 75-megawatt project is estimated to create over 117 million units (MUs) of electricity per year. It’s expected to offset more than 107,000 tonnes of CO2 emissions, […]

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IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital

A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […]

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Tata Cleantech Capital Raises Rs 180 Cr via Green Bond

Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […]

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