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Juniper Green Energy on Monday said it has raised Rs 2,039 crore in debt financing from marquee global and national financial institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure. In addition, Juniper Green Energy has expanded its non-fund-based limits with Federal Bank and Axis Bank, a company statement said. According to the statement, Juniper Green Energy Ltd on Tuesday announced it has successfully secured Rs 2,039 crore in debt financing from marquee global and national financial institutions such as NaBFID, HSBC, DBS, Barclays and Aseem Infrastructure for growth and development of upcoming renewable projects of Juniper Green Energy and its subsidiaries. This round of financing follows Juniper Green Energy's successful Rs 1,739 crores debt raise in August 2025 from the Indian Renewable Energy Development Agency Ltd (IREDA). The National Bank for Financing Infrastructure and Development (NaBFID) has provided debt financing of Rs 566 crore for the company's
Long-term policy frameworks, particularly for hybrid renewables energy, along with a thrust on adoption of technologies and incentive-driven manufacturing, will help the country meet its renewable energy goals, experts said. Experts also believed decarbonisation will continue to be a priority for the industry. Sharing his views, Piyush Goyal, CEO and Co-founder of Volks Energie, said there are certain areas which are essential not only for meeting climate commitments, but also for powering India's industrial growth, enhancing energy security, and ensuring affordable electricity for consumers. "Accelerating grid upgrades and storage adoption must be treated as national priorities as India's future energy mix depends on both. Further, incentivising domestic manufacturing of inverters, batteries, and critical components will reduce import dependencies and build supply-chain resilience," Goyal said. Manish Dabkara, CMD of carbon credits firm EKI Energy Services, said emerging ...
ACME Solar Holdings on Thursday said it has secured Rs 4,725 crore financing from leading Indian financial institutions to fund renewable energy projects and optimise its capital structure by reducing financing costs. The capital raise includes financing and refinancing arrangements with tenors ranging from 18 to 20 years for the projects, a company statement said. According to the statement, the ACME Solar Holdings Ltd (ACME Solar), through its subsidiaries, has secured debt tie-up of Rs 4,725 crore from leading Indian financial institutions to fund the renewable energy projects and optimise its capital structure by reducing financing costs. Under the New Greenfield Financings, the company has got Rs 2,716 crore from Power Finance Corporation Ltd (PFC Ltd) for the 300 MW ACME Sigma FDRE project, a renewable energy initiative equipped with four hours of battery storage. It has also got its first greenfield project financing for Acme from National Bank for Financing Infrastructure .
Renewable energy adoption has gained momentum in the Indian textile industry, but intensity-related challenges still persist, stated an ICRA ESG Ratings Report. A new report by ICRA ESG Ratings Ltd shows a steady increase in renewable energy adoption among Indian textile companies, even as energy use per unit of revenue, has also increased, an ICRA statement said. The findings are based on a review of 19 major textile firms, including Page Industries Ltd, Welspun Living Ltd, Arvind Ltd, and KPR Mill Ltd, from FY2023 to FY2025. The study is part of the broader analysis presented in 'Sustainability Unstitched: Indian textile industry's green gauge.' The report says that the average share of renewable energy in the sector's total energy consumption rose from about 14 per cent in FY2023 to nearly 18 per cent in FY2025. Apparel companies led with an increase from 26 per cent to 28 per cent, aided by the feasibility of rooftop solar for electricity-driven operations like cutting and ...
Adani Group chairman Gautam Adani on Tuesday said the conglomerate will invest over USD 75 billion in the energy transition space over the next five years, asserting that the country must do what is best for itself, define its own development path and resist external pressures. Speaking at the 100th foundation day of the Indian Institute of Technology (Indian School of Mines), Dhanbad, Adani said the group is building the world's largest renewable energy park at Khavda in Gujarat, spread over 520 sq km. "At full capacity by 2030, this park will generate 30 gw of green energy. At average household consumption, this is equivalent to powering over 60 million homes a year," he said. "With the first 10 GW already commissioned, we are on track to deliver the world's lowest-cost green electron, setting a global benchmark in energy transition," he added. Adani said India is the world's third-largest electricity consumer, but its per capita consumption remains "less than 1,400 kWh a year, l