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BusinessNov 10, 2025 04:14 PM

ReNew Energy Global secures $331 million from Asian Development Bank for Andhra Pradesh unit

ReNew Energy Global Plc on Friday said it has secured $331 million (about ₹2,935 crore) in debt from the Asian Development Bank (ADB) to support a clean energy project in Andhra Pradesh. The funding is part of a $477 million financial package for the Andhra project, with the remaining $146 million to be arranged by ADB through other lenders. The project integrates 837 MWp of wind and solar capacity with a 415 megawatt-hour (MWh) battery energy storage system (BESS), ReNew said in a statement. ...Read More >

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