Azure Power Raises $135 Million to Develop 200 MW of Rooftop Solar Projects in India
The line of credit was led by International Finance Corporation
June 1, 2018
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Indian renewable energy project developer Azure Power has raised $135 million in debt financing from a consortium of development finance institutions. The proceeds will be used to finance approximately 200 MW of Azure Power’s rooftop solar photovoltaic (PV) projects across India.