ReNew and Asian Development Bank Announce US$331 million Deal for a Large-Scale Renewable Energy Project in Andhra Pradesh

Project: ADB lends for AP clean energy development

First project funded by ADB to generate 1,641 GW/hour ReNew Energy Global Plc (NASDAQ: RNW) has secured US$331 million from the Asian Development Bank (ADB) which is a part of a US$477 million financial package secured that will support the development of a large-scale clean energy project in Andhra Pradesh. The balance US$146 million will […] Source

ReNew Secures USD 331 Million ADB Financing for Andhra Pradesh Renewable Energy Project I Economy India

ReNew Energy Global Plc secures USD 331 million financing from ADB to develop a large-scale renewable energy project in Andhra Pradesh, advancing India’s Net Zero 2070 goals. NEW DELHI (Economy India): India’s leading renewable energy company, ReNew Energy Global Plc, has secured a USD 331 million financing package from the Asian Development Bank (ADB) to develop a large-scale clean energy project in Andhra Pradesh. The total funding package amo…

ReNew and Asian Development Bank Announce US$331 million Deal for a Large-Scale Renewable Energy Project in Andhra Pradesh

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ReNew (NASDAQ: RNW) gets ADB backing for first peak power project with 415 MWh storage

Financing backs an Andhra project with 837 MWp wind‑solar and 415 MWh storage, designed for 300 MW peak and 1,641 GWh/yr to enhance grid reliability.