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ReNew gets $331 mn financing from ADB for large-scale renewable energy project in Andhra
MINTยท 2025-11-07 17:11
New Delhi: Nasdaq-listed ReNew on Friday signed a $331 million financing deal with the Asian Development Bank to develop a large-scale renewable energy project in Andhra Pradesh. The multilateral agency will also provide an additional $146 million through other lenders, ReNew said in a statement.The planned project will integrate 837 MWp of wind and solar capacity with a 415 megawatt-hour (MWh) battery energy storage system (BESS). It will be designed to deliver 300 MW peak power.In April this year, ReNew h ...