Bidder of India’s Lowest Solar Tariff Secures ₹4 Billion Financing from ADB

Al Jomaih is likely to complete construction of the solar project by 2023

April 28, 2022

/ Satish Shetty
/ Finance and M&A, Solar
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The Asian Development Bank (ADB) has approved a non-sovereign loan of ₹4.063 billion (~$53.1 million) for Al Jomaih Energy and Water to develop an 80 MW solar project in Gujarat.

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Satish Shetty

More articles from Satish Shetty.
ADBGujaratNon-sovereign loanssolar power
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