BluPine Energy announced it has secured Rs 1,787 crore in structured financing from NaBFID to enhance its Renewable Energy portfolio. The deal focuses on 14 Special Purpose Vehicles (SPVs) across Punjab, Uttarakhand, and Karnataka, aiming to repower existing Solar assets for improved efficiency. BluPine, backed by Actis’ $800 million investment, plans to develop over 4 GW of Renewable Energy capacity in India, contributing to the nation’s long-term Energy Security and sustainability.
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