sanction
Renewable Lender IREDA Approved 37% More Loans in FY 2022-23
The Indian Renewable Energy Development Agency (IREDA) has approved ₹327.6 billion (~$4 billion) worth of loans as on March 27, up 37% year-over-year (YoY), which...
Over ₹300 Billion Released by REC Under DISCOMs’ Liquidity Package
REC Limited, formerly called the Rural Electrification Corporation Limited, reported that it had sanctioned over ₹300 billion (~$4 billion) to distribution companies...
Andhra Pradesh Approves ₹29.84 Billion for DISCOMs to Clear Solar & Wind Power Dues
The Andhra Pradesh government has approved ₹29.84 billion (~$415.67 million) to distribution companies (DISCOMs) in the state towards the payment of 25% of their losses,...
ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu
The Asian Development Bank (ADB) has sanctioned a $451 million (~₹31.77 billion) loan to the state of Tamil Nadu for a project that will enable better power transfer...
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