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Fourth Partner Secures $275 Million for Renewable Expansion in India

Last Update 07 August 2024

Fourth Partner Energy Limited (FPEL) has raised $275 million ((approx. Rs 2280 crore) from IFC, ADB, and DEG, marking their largest Renewable Energy Investment. This funding supports FPEL’s expansion to 3.5 GW of Renewable Assets by 2026. The company, which currently has 1.5 GW installed, is developing new projects and focusing on Wind-Solar Hybrids, Battery Storage, and Open Access across India.

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