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ReNew Urja Solar PV Plant

Sector: Solar • Location: India

Source: World Bank Group

Project
Active

Renew Power is the sponsor and developer of a 300 MW solar PV plant in Rajasthan, India. The SPV for the project is ReNew Solar Urja Private Limited. Debt providers are Robobank, Societe Generale, Intesa Sanpaolo and Siemens Bank, providing $ 35.75 million each. The total debt amount therefore stands at $ 143 million. The sponosor provided an equity amount of $ 50.40 million. Debt to equity ratio

Status
Prospective
Sector
Solar, Power Generation (CCGT), Government, Commercial
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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The project “ReNew Urja Solar PV Plant” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Renew Power is the sponsor and developer of a 300 MW solar PV plant in Rajasthan, India. The SPV for the project is ReNew Solar Urja Private Limited. Debt providers are Robobank, Societe Generale, Intesa Sanpaolo and Siemens Bank, providing $ 35.75 million each. The total debt amount therefore stands at $ 143 million. The sponosor provided an equity amount of $ 50.40 million. Debt to equity ratio is 74:26. The $193.4 million transaction was concluded on September 30, 2021. https://ijglobal.com/data/transaction/58535/renew-urja-solar-pv-plant-300mw-ipp

Original sector

Energy

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-24

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