Reportdely, BluPine Energy has secured a significant financing worth Rs 12.60 billion with Standard Chartered Bank and TATA Capital for its upcoming wind project in Gujarat.
The project has capacity of 198 MW and is projected to generate approximately 65 GWh of wind energy annually. Additionally, it is estimated to offset around 600,000 tonnes of CO2 emissions. The electricity generated from the plant will be supplied to Gujarat Urja Vikas Nigam Limited under a 25 year power purchase agreement from the scheduled commercial operation date.