 "An aerial view of the solar power plant in Rewa (Photo: PTI)")
Adani Green Energy Ltd (AGEL) is looking to tie up with close to a dozen foreign banks to avail greenfield funding for its under-construction assets. The company will raise $1.8 billion for the under construction and contracted portfolio of 12 Gw, which includes the country’s first manufacturing-linked solar power plant of 8 Gw.
In a post results call, Vneet S Jain, MD & CEO, AGEL said the company’s total renewable portfolio stands at 14.6 Gw of which 2.6 Gw has been commissioned. “AGEL is in the process of tie-up of $1.8 billion facility to fund the under construction pipeline,” said
