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PTC India Financial Services sanctions loan aggregating Rs 1000 crore

Capital Market 

To renewable energy projects and energy efficiency project in India

PTC India Financial Services announced that it has sanctioned loans aggregating to about Rs 1000 crore for providing financial assistance to renewable energy projects and energy efficiency project in India.

With the focus to increase its loan portfolio in clean energy projects in India, the Company's Board sanctioned loans totalling to about Rs 1000 crore to 9 projects in its meeting held on 16 September 2015. The fresh round of loan approvals will help the Company further expand into renewable energy projects.

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First Published: Fri, September 18 2015. 10:27 IST