BluPine Energy has secured Rs 4.18 billion loan from HDFC Bank for its 120 MW solar project in Sadla, Gujarat.
The plant is expected to generate about 323,000 MWh of solar energy annually after completion. The total debt sanctioned for this ambitious project is Rs 4.18 billion. With the addition of this project, BluPine Energy’s cumulative solar and wind energy capacity in Gujarat will scale up to 750 MW across seven projects. Moreover, the overall renewable energy capacity will reach approximately 2.6 GW, with 730 MW currently operational.