Ampin Energy Secures Rs 742 Cr Loan
POWER & RENEWABLE ENERGY

Ampin Energy Secures Rs 742 Cr Loan

Ampin Energy Transition, a renewable energy company, has secured a Rs 742 crore loan from Standard Chartered Bank to bolster its renewable energy initiatives in India. This financial backing will significantly support the company's plans for expanding its clean energy portfolio, particularly in solar energy projects. Ampin Energy’s focus on sustainability aligns with India’s broader renewable energy goals and the global shift towards greener energy sources.

The loan will be used to finance large-scale solar power projects, contributing to India's efforts to transition to cleaner energy and reduce its carbon footprint. The funding marks a key milestone for Ampin Energy as it continues to invest in renewable energy infrastructure across the country, focusing on solar farms and other sustainable energy solutions.

Standard Chartered Bank's investment demonstrates the growing confidence in India's renewable energy market and its potential to lead in green energy initiatives. As the world moves towards reducing dependence on fossil fuels, such financial partnerships play a critical role in accelerating the energy transition. The loan is part of broader efforts to meet global climate goals, and this financing will enable Ampin Energy to enhance its capacity and contribute significantly to the development of renewable infrastructure in India.

The loan reinforces the importance of financing in the energy sector, with banks playing a pivotal role in driving sustainable projects. By investing in renewable energy firms like Ampin, financial institutions are helping to ensure a greener future, supporting projects that will have a long-lasting impact on the environment and contribute to reducing greenhouse gas emissions.

Ampin Energy Transition, a renewable energy company, has secured a Rs 742 crore loan from Standard Chartered Bank to bolster its renewable energy initiatives in India. This financial backing will significantly support the company's plans for expanding its clean energy portfolio, particularly in solar energy projects. Ampin Energy’s focus on sustainability aligns with India’s broader renewable energy goals and the global shift towards greener energy sources. The loan will be used to finance large-scale solar power projects, contributing to India's efforts to transition to cleaner energy and reduce its carbon footprint. The funding marks a key milestone for Ampin Energy as it continues to invest in renewable energy infrastructure across the country, focusing on solar farms and other sustainable energy solutions. Standard Chartered Bank's investment demonstrates the growing confidence in India's renewable energy market and its potential to lead in green energy initiatives. As the world moves towards reducing dependence on fossil fuels, such financial partnerships play a critical role in accelerating the energy transition. The loan is part of broader efforts to meet global climate goals, and this financing will enable Ampin Energy to enhance its capacity and contribute significantly to the development of renewable infrastructure in India. The loan reinforces the importance of financing in the energy sector, with banks playing a pivotal role in driving sustainable projects. By investing in renewable energy firms like Ampin, financial institutions are helping to ensure a greener future, supporting projects that will have a long-lasting impact on the environment and contribute to reducing greenhouse gas emissions.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?