BluPine Closes ₹3.76 Billion Funding for 100 MW Solar Project in Gujarat

Standard Chartered was the lead arranger and lender for the green loan transaction

May 12, 2025

/ Melvin Mathew
/ Finance and M&A, Solar
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Gurugram-based renewable energy services company BluPine Energy, an Actis-backed renewable energy platform, has achieved financial closure of a debt funding of ₹3.76 billion (~$44 million) from Standard Chartered Bank for its 100 MW under-construction solar power project in Tharad, Banaskantha district, Gujarat.

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Melvin Mathew

More articles from Melvin Mathew.
ActisBluPine EnergyChartered AccountFundingGreen loanSolar
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