Jakson Green Gets Rs.2.96 Billion Credit Facility from FAB

24 Jul 2024 CW Team

Jakson Green has obtained a substantial credit facility of ?2.96 billion from First Abu Dhabi Bank (FAB). This new funding is expected to bolster the company's capabilities in the renewable energy sector and support its ongoing projects.

The credit facility will provide Jakson Green with the necessary financial leverage to advance its initiatives in sustainable energy solutions. The company plans to utilize the funds to expand its operations, accelerate project execution, and invest in cutting-edge technologies to drive its growth in the renewable energy landscape.

Jakson Green, a prominent player in the renewable energy sector, focuses on developing and implementing green energy projects, including solar power, wind energy, and energy storage solutions. This financial boost from FAB will enhance the company's ability to execute large-scale projects and strengthen its position in the competitive renewable energy market.

The partnership with FAB, a leading financial institution in the region, underscores Jakson Green's growing influence and credibility in the global renewable energy sector. The credit facility will not only support Jakson Green's current projects but also pave the way for future expansions and innovations.

Overall, this strategic financial support aligns with Jakson Green's commitment to advancing sustainable energy solutions and contributes to its long-term vision of fostering a greener and more energy-efficient future.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..