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ReNew secures $331 million ADB funding for renewable project

after close1 source ↓written by the desknot a recommendation

from the Asian
$331 million
of wind
837 MWp
battery energy storage
415 MWh
of clean energy
1,641 GWh
package
$477 million

ReNew Energy Global has secured $331 million from the Asian Development Bank (ADB) for a large-scale renewable energy project in Andhra Pradesh. This project will feature 837 MWp of wind and solar capacity along with a 415 MWh battery energy storage system, generating 1,641 GWh of clean energy annually.

This funding is part of a $477 million package, enhancing India's transition to a low-carbon energy future and potentially boosting market sentiment in the renewable sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 16:10 IST.

Sourcesnews.google.com

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