Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Digital Infrastructure Boost: CtrlS Datacenters Partners with BSE to Strengthen Stock Exchange Operations

    Rail Infrastructure Boost: Coal India Signs Pact with Indian Port Rail & Ropeway Corp

    FY25 Rollercoaster for New-Age Stocks: Eternal, Nykaa Shine While Paytm, Swiggy Struggle

    Facebook Twitter Instagram
    Business Outrank
    • Home
    • Business
    • Politics
    • Technology
    • Lifestyle
      1. Health
      2. Entertainment
      3. Travel
      4. View All

      Virus Susceptibility in Species: Study Reveals Surprising Findings

      February 8, 2025

      Effective Yoga Poses to Naturally Manage Blood Sugar Levels

      January 18, 2025

      Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

      December 2, 2024

      The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

      August 18, 2023

      Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

      February 6, 2025

      Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

      January 26, 2025

      Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

      January 25, 2025

      Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

      January 23, 2025

      Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

      January 23, 2025

      Indian government approves Singapore Airlines bid to merge Vistara and Air India

      September 3, 2024

      Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

      August 14, 2024

      Virus Susceptibility in Species: Study Reveals Surprising Findings

      February 8, 2025

      Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

      January 23, 2025

      Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

      January 20, 2025

      Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

      January 19, 2025
    • Global
    Business Outrank
    Home - Business - Power Finance Backs Adani Green with $1 Billion Loan Refinancing
    Business

    Power Finance Backs Adani Green with $1 Billion Loan Refinancing

    By vikasNo Comments2 Mins ReadMarch 3, 2025
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Loan
    Power Finance Refinances Adani Green's $1 Billion Loan
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    India’s Power Finance Corporation Ltd. (PFC) has, in turn, provided a $1.06 billion (Rs 9,261 crore) construction linked loan to Adani Green, which has now become one of the biggest loan deals in the renewable energy sector by the state owned lender, said sources familiar with the matter. The loan is fixed rate, 19 year loan, which PFC has agreed to hold until maturity. This is a big refinancing exercise as India looks to build up green energy investment as it seeks to cut carbon emissions and achieve its long term sustainability goals. As for the country, it is now the third largest carbon emitter and needs $12.4 trillion in investment to reach net zero emissions by 2070, as BNEF has reported. The loan refinancing also shows the funding problems of the Adani Group of companies, as offshore investors become wary after the DoJ probe. This has left the domestic financial institutions like PFC to come in and support large scale renewable energy projects. In January, PFC raised its biggest ever green financing package of ¥120 billion (Rs 6,500 crore) from JBIC, the Japan Bank for International Cooperation, to further establish itself as a provider of sustainable infrastructure funding. The refinancing deal was rated AA+ with stable outlook by three major credit agencies, which reenforced the confidence in the financial standing of the borrower. However, PFC or Adani Green has not responded to a request for comment on the transaction. PFC is thus continuing to play a significant role in India’s renewable energy sector in ensuring that vital projects get the financial back up they need to help fuel the country’s shift to clean energy.

    Adani Green Power Finance
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleNissan Reassesses Honda Investment Amid Leadership Shake-Up
    Next Article Paytm Partners with RBL Bank to Enhance Digital Payment Solutions for Merchants
    vikas

    Related Posts

    Digital Infrastructure Boost: CtrlS Datacenters Partners with BSE to Strengthen Stock Exchange Operations

    June 6, 2025

    Rail Infrastructure Boost: Coal India Signs Pact with Indian Port Rail & Ropeway Corp

    June 6, 2025

    FY25 Rollercoaster for New-Age Stocks: Eternal, Nykaa Shine While Paytm, Swiggy Struggle

    June 5, 2025

    Leave A Reply Cancel Reply

    Don't Miss
    National News June 6, 2025

    Digital Infrastructure Boost: CtrlS Datacenters Partners with BSE to Strengthen Stock Exchange Operations

    June 6, 2025

    CtrlS Datacenters has formed a strategic partnership with the Bombay Stock Exchange (BSE) to enhance…

    Rail Infrastructure Boost: Coal India Signs Pact with Indian Port Rail & Ropeway Corp

    FY25 Rollercoaster for New-Age Stocks: Eternal, Nykaa Shine While Paytm, Swiggy Struggle

    Reddit Sues Anthropic Over Chatbot Training Using User Data Without Consent

    About Us
    About Us

    Welcome to Business Outrank, a trusted source for high-quality and well-researched information on world events, politics, and the economy.

    Facebook Twitter Instagram
    Our Picks

    Digital Infrastructure Boost: CtrlS Datacenters Partners with BSE to Strengthen Stock Exchange Operations

    Rail Infrastructure Boost: Coal India Signs Pact with Indian Port Rail & Ropeway Corp

    FY25 Rollercoaster for New-Age Stocks: Eternal, Nykaa Shine While Paytm, Swiggy Struggle

    Most Popular

    Digital Infrastructure Boost: CtrlS Datacenters Partners with BSE to Strengthen Stock Exchange Operations

    June 6, 2025

    Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

    July 14, 2023

    Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

    July 15, 2023
    © 2025 Business Outrank.
    • About Us
    • Contact us
    • Privacy Policy
    • Cookies Policy
    • Ethics policy
    • Sitemap
    • Terms & conditions
    • Correction Policy

    Type above and press Enter to search. Press Esc to cancel.