SBI funds solar power projects for seven firms
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  • Agharkar Research Institute, Pune

SBI funds solar power projects for seven firms

State Bank of India (SBIBSE -0.93 %) on Monday signed an agreement with seven companies for funding solar power energy projects. The seven companies include Adani Group, JSW EnergyBSE -0.34 %, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar and Hero Solar Energy. The bank has funded 43 projects rooftop solar power projects, amounting to Rs 2,317 crore with the aggregate capacity of 475 mw, by availing line of credit from World Bank. SBI has availed $625 mill ..

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