ReNew has secured a project loan of ₹2,700 crore from the State Bank of India for its 403 MW Peak Power Project, signalling that local lenders that lost money having advanced large funds to power plants a decade ago are finally beginning to extend loans to them - but to only those with a robust equity component in the capital structure.
ReNew has secured a project loan of ₹2,700 crore from the State Bank of India for its 403 MW Peak Power Project, signalling that local lenders that lost money having advanced large funds to power plants a decade ago are finally beginning to extend loans to them - but to only those with a robust equity component in the capital structure.
CLARK Development Corp. (CDC), Mabalacat City local government unit (LGU), Home Development Mutual Fund (Pag-IBIG) and Philippine Health Insurance Corp. (PhilHealth) have renewed their partnership to enhance government services at the Clark One Stop Processing Center (OSPC).
Gentari Renewables India Pte. Ltd will have a 50% equity stake in NASDAQ-listed ReNew’s utility scale 5 GW renewable energy portfolio comprising of solar, wind and energy storage projects. This comes in the backdrop of ReNew lining an ambitious Rs35,000 crore capital expenditure plan
ReNew is committed to diversity and inclusion at all levels, and having more women directors on the Board is an important step towards the goal. The company will continue to have majority of independent directors on its board