DSIJ Mindshare

Solar Company Secures Rs 1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of Rs 3.05 per Unit

This approach leverages the existing grid connectivity in Bikaner-2 and capitalizes on the substantial capital expenditure already incurred, streamlining the project's development and ensuring timely completion.

Kiran Shroff 0 356 Article rating: 2.9

Notably, PFC, as the sole lender, has structured the financing with an optimal debt-to-equity ratio of 80:20, ensuring a sound financial framework for the project.

7 Days Ago Listed-Power Generation Stock Surges After Announcing 75.4 Per Cent Jump In Cash PAT In Q2FY25

The company's total portfolio has expanded to 6,720 MW, comprising 2,540 MW of operational capacity and 4,180 MW of under-construction projects.

Kiran Shroff 0 261 Article rating: 3.7

Additionally, the company has refinanced operational projects worth Rs 4,500 crore, resulting in a cash release of Rs 590 crore.

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