+
Jakson Green Gets Rs.2.96 Billion Credit Facility from FAB
ECONOMY & POLICY

Jakson Green Gets Rs.2.96 Billion Credit Facility from FAB

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.

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.

Next Story
Infrastructure Energy

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..

Next Story
Infrastructure Transport

ADGBR Reviews Road Projects under Project Vartak

Additional Director General Border Roads (ADGBR) Jitendra Prasad conducted a four-day review of ongoing road and bridge construction works under Project Vartak in the area of responsibility (AoR) of the 42 Border Roads Task Force (BRTF) from 19 to 22 August.Prasad inspected key infrastructure projects including the Balipara–Charduar–Tawang (BCT) road, Sela–Chabrela–Banga Janga Gonpa road, Banga Janga Gonpa–Lagamche GG road, the Sela tunnel, and multiple roads in the Nelya sector.At various construction sites, project officials briefed him on project scope, progress, timelines, and op..

Next Story
Infrastructure Transport

Nitin Gadkari Launches Three Highway Projects in Madhya Pradesh

Union Minister for Road Transport and Highways, Nitin Gadkari, laid the foundation stone for three National Highway (NH) projects in Madhya Pradesh on 24 August. According to the Ministry of Road Transport and Highways (MoRTH), the projects are designed to reduce travel time, ease congestion, enhance road safety, and improve connectivity across key corridors.The first project covers the four-laning of the 17.87 km Amazhar–Barela stretch, completing the Jabalpur Ring Road. The upgrade will divert heavy vehicles away from the city, reduce accident risks, and ensure smoother connectivity from A..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?