SBI and World Bank Extend $357 Million Credit to 7 Indian Companies for Solar Rooftops
October 31, 2017
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The State Bank of India (SBI) and the World Bank have announced ₹23.2 billion ($357 million) in credit facilities for seven Indian solar companies that will be used to develop grid-connected solar rooftop projects with an aggregate capacity of 575 MW. The companies receiving credit facilities include Adani Group, Hinduja Renewables, JSW Energy, Tata Renewable, Azure Power, Cleantech Solar, and Hero Solar Energy.
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Raj Prabhu
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