BluPine Energy has secured Rs 2.39 billion financial assistance from Tata Capital Limited.
The amount will be utilised towards a solar power project in Chhattisgarh. The 75 MWp solar project is in partnership with APL Apollo Building, which will also be the lead consumer of the power generated from the project. Upon completion, the solar plant is expected to generate approximately 117 million units of energy annually. The project is estimated to offset over 107,000 tonnes of CO2 emissions yearly.