BluPine Energy gets Rs 418 crore from HDFC for its solar project in Gujarat
Renewable energy firm BluPine Energy has secured Rs 418 crore from HDFC Bank for its 120 MW solar project in Sadla, Gujarat. Post-completion the plant is expected to generate about 3.23 lakh MWh (megawatt hour) of solar energy annually, offsetting around 2.96 lakh tonnes of Carbon dioxide equivalent annually.
As per the firm, the project would provide power to around 2.7 lakh households annually. The firm's cumulative solar and wind energy capacity in Gujarat will scale up to 750 MW across 7 projects under GUVNL.
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