financing

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ABRen Secures $1.6 Billion from MUFG to Fund Sprng Energy Acquisition

Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi UFJ...

August 21, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Coal India Seeks ₹7 Billion Term Loan for 750 MWh Battery Storage Project

Coal India (CIL) has invited bids for a rupee term loan of ₹7.13 billion (~$74.55 million) to develop a 187.5 MW/750 MWh standalone battery energy storage system (BESS)...

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Hindustan Power Closes Financing for 435 MW Solar Project

Hindustan Power has achieved financial closure for its 435 MW solar project in Lalitpur, Uttar Pradesh after securing ₹11.35 billion (~$113.5 million) in debt financing...

August 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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AMPIN Secures $195 Million for 100 MW Wind-Solar Storage Project

Independent power producer AMPIN Energy Transition has achieved financial closure for a $195 million project finance facility for a power purchase agreement (PPA)-backed...

August 20, 2026

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Melvin Mathew

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Finance and M&A

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Solar

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Wind
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ACME Solar Refinances ₹21.5 Billion Debt to Redeem Offshore Dollar Bonds

Renewable energy company ACME Solar Holdings has completed the refinancing of ₹21.47 billion (~$225.01 million) of debt by redeeming existing non-convertible debentures...

August 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Aegeus Technologies’ Initial Public Offering Oversubscribed 24 Times

Robotic solar module cleaning equipment supplier Aegeus Technologies’ ₹237 million (~$2.49 million) initial public offering (IPO) was subscribed 24.33 times at the end...

August 6, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Avaada Bags $1.3 Billion Financing for 2.15 GW Renewables Portfolio

Renewable energy company Avaada Group has secured approximately $1.3 billion in financial closure for its 2.15 GW renewable energy portfolio. The financing was approved...

July 31, 2026

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Staff

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Finance and M&A

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Solar

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Wind
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ADB Approves $850 Million Loan to Speed Up PM Surya Ghar Rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms which will fast-track the rollout of the Indian government’s flagship rooftop...

July 29, 2026

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Staff

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Finance and M&A

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Rooftop

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Solar
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AKME Fintrade Launches Platform for EV and Renewable Energy Financing

AKME Fintrade (India), a Reserve Bank of India-regulated non-banking financial company, has partnered with Finayo to launch AKME GreenX, a green finance platform...

July 28, 2026

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Melvin Mathew

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EV

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Finance and M&A

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Renewable Energy

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Solar
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ENGIE Achieves Financial Closure for 250 MW Khaba Solar Project

Energy solutions provider ENGIE India has secured approximately ₹9.82 billion (~$102.29 million) in financing for its 250 MW Khaba Solar Project in Barmer, Rajasthan....

July 28, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Daily News Wrap-Up: India Adds 1.3 GW of Wind Capacity in Q2 2026

India added 1.3 GW of wind power capacity in the second quarter (Q2) of calendar year 2026, down 15% from the previous quarter and 18% from the same period last year,...

July 17, 2026

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Mercom Staff

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Daily Wrap-up
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BII, EAAIF Partner to Finance Blueleaf Energy’s Renewable Energy Expansion

UK’s development finance institution and impact investor, British International Investment (BII), has announced the partial syndication of its mezzanine debt...

July 15, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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EV Platform Milo Drive Raises $2.4 Million in Seed Funding Round

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler,...

July 13, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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ReNew, Mitsui Ink $730 Million Refinancing for 320 MW RTC Project

Decarbonization solutions company ReNew and Japan’s Mitsui have inked a $730 million (~₹69.53 billion) multi-currency refinancing for its 320 MW round-the-clock (RTC)...

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World Bank Approves $890 Million Financing Package for PM Surya Ghar

The World Bank has approved an $890 million (~₹84.95 billion) financing package to support the PM Surya Ghar: Muft Bijli Yojana. The financing package comprises an $820...

July 10, 2026

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Melvin Mathew

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Solar

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