NABARD to fund Rs 12.17 billion loan for 300 MW Khavda solar project
The National Bank for Agriculture and Rural Development (NABARD) has received a Letter of Award (LoA) to provide a Rupee Term Loan (RTL) of Rs 12.17 billion for the development of the 300 MW Khavda Solar PV Project – Phase XXI (GUVNL) by Coal India Limited (CIL) in Gujarat. CIL secured the project in January 2024 at a tariff of Rs 2.55 per kWh under Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase XXI auction. The…