BluPine Energy has secured Rs 239 crore from Tata Capital for the construction of a solar power project in Chhattisgarh, according to an exchange filing on Monday.
The 75-megawatt project is expected to generate nearly 117 million units of energy annually and offset more than 1,07,000 tonne of carbon dioxide emissions, as per the filing.
BluPine Energy is a leading renewable energy services company and a global investor in funding and building sustainable infrastructure companies, established in India by Actis.
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Tata Capital Ltd. is the flagship financial services company of Tata Group, and is carrying on business as a non-banking financial company.
(With inputs from PTI)
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