Blupine Energy secures Rs 5.11 bn green loan for Gujarat solar venture
POWER & RENEWABLE ENERGY

Blupine Energy secures Rs 5.11 bn green loan for Gujarat solar venture

Blupine Energy has successfully secured a green loan amounting to Rs 5.11 billion for its upcoming solar project in Gujarat. This substantial financial backing reinforces the company's commitment to expanding renewable energy infrastructure and underscores the growing support for sustainable initiatives in the energy sector.

The Rs 5.11 billion green loan is earmarked specifically for the solar venture in Gujarat, emphasising the strategic importance of the project in the region's renewable energy landscape. The infusion of funds is expected to catalyse the development of solar energy infrastructure, contributing to Gujarat's renewable energy capacity and aligning with India's broader goals of clean energy adoption.

Blupine Energy's ability to secure such a significant green loan highlights the growing confidence of financial institutions in renewable energy projects. The infusion of funds not only accelerates the company's efforts in Gujarat but also signals a positive shift towards sustainable and environmentally friendly investments in the Indian energy sector.

This financial collaboration showcases the synergy between the public and private sectors in advancing green initiatives. Blupine Energy's successful acquisition of the green loan positions it as a key player in driving the renewable energy transition, contributing to both regional development and India's overarching objectives in sustainable energy.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Blupine Energy has successfully secured a green loan amounting to Rs 5.11 billion for its upcoming solar project in Gujarat. This substantial financial backing reinforces the company's commitment to expanding renewable energy infrastructure and underscores the growing support for sustainable initiatives in the energy sector. The Rs 5.11 billion green loan is earmarked specifically for the solar venture in Gujarat, emphasising the strategic importance of the project in the region's renewable energy landscape. The infusion of funds is expected to catalyse the development of solar energy infrastructure, contributing to Gujarat's renewable energy capacity and aligning with India's broader goals of clean energy adoption. Blupine Energy's ability to secure such a significant green loan highlights the growing confidence of financial institutions in renewable energy projects. The infusion of funds not only accelerates the company's efforts in Gujarat but also signals a positive shift towards sustainable and environmentally friendly investments in the Indian energy sector. This financial collaboration showcases the synergy between the public and private sectors in advancing green initiatives. Blupine Energy's successful acquisition of the green loan positions it as a key player in driving the renewable energy transition, contributing to both regional development and India's overarching objectives in sustainable energy.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?