NaBFID sanctions Rs 2.72 billion loan to KPI Green
The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a Rs 2.72 billion loan to KPI Green Energy Limited for partial financing of its 50 MW wind-solar hybrid power project in Bharuch, Gujarat. The project is part of Phase I under Gujarat Urja Vikas Nigam Limited’s (GUVNL) wind-solar hybrid power initiative. In January 2024, KPI Green secured the 50 MW wind-solar hybrid project at a tariff of Rs 2.99 per kWh. The project…