Enerparc Energy secures financing from PTC India Financial Services
Enerparc Energy has secured financing from PTC India Financial Services Limited to support the development of its renewable power projects in India.
The funding will be used to develop renewable energy assets serving the Commercial & Industrial (C&I) segment, which continues to emerge as a key market for clean energy deployment in the country.
Project financing
The company said the financing will support the timely execution of solar power projects intended to supply electricity to commercial and industrial consumers. The projects are expected to help businesses meet their clean energy requirements while advancing their decarbonisation objectives.
The transaction adds to the growing number of financing arrangements being concluded for renewable energy projects in the C&I segment, where demand for long-term access to renewable power has been increasing across industries.
According to Enerparc Energy, the financing also reflects continued lender interest in India’s renewable energy sector and the expanding market for C&I power solutions.
Sector context
The C&I segment has become an important growth area for renewable energy developers, driven by corporate sustainability commitments, rising power demand and the need for cost-competitive electricity solutions.
Financial institutions have increasingly backed projects in this segment as developers scale their portfolios across solar and other renewable technologies.
Enerparc Energy stated that the support from PTC India Financial Services Limited will contribute to the company’s ongoing renewable energy development activities in India.
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