Reportedly, Mufin Green Finance has revealed plans to finance Rs 5 billion worth of solar projects by 2026, marking its strategic entry into the solar financing sector.
The company recently completed its first solar financing transaction worth Rs 32.5 million, enabling the installation of a rooftop solar unit at a manufacturing facility in Baroda, Gujarat, for a company valued at USD3 billion.
Mufin Green Finance aims to support 200,000 solar installations over the next two years, contributing significantly to India’s renewable energy targets.