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BluPine Energy Secures ₹12.6 Billion Financing for 198 MW Wind Project in Gujarat

Standard Chartered Bank and TATA Capital will underwrite the green loan

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Gurgaon-based BluPine Energy has secured ₹12.6 billion (~$152.1 million) for its 198 MW wind project situated in Gujarat, which it had won under Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects (Phase-III) in 2022.

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