Indian Overseas Bank and Citi Bank finance two projects
Waaree Energies has supplied 335 Wp Poly solar modules to Avanti Renewable Energy Private Limited’s 1.56 MW project at Survey No- 105/2, Hothragondahalli village, Mathodu Hubbli Kerehalli Post, Chitradurga district of Karnataka.
Waaree has supplied 1.56 MW of solar modules for the project, which was commissioned on 28 December 2021 and financed by Indian Overseas Bank on non-recourse basis.
It has also supplied 335 Wp Poly solar modules to RBA Power Pvt Ltd’s 1.53 MW project at Kovilpatti in Tamil Nadu.
The project has been commissioned in September 2021 and finance by Citi Bank on non-Recourse basis.
Waaree Energies Ltd is one of India’s leading Solar PV Module manufacturer with capacity of 2 GW’s at its facilities in Surat, Tumb and Nandigram in Gujarat.
Currently Waaree has India’s largest sales and service network with 388+ franchises across India.
Having multiple global certifications, Waaree aims to ensure Environmental Safety and Quality measures and performs multiple tests at various manufacturing stages. The vision of Waaree Energies is to provide quality, cost-effective sustainable energy solutions across markets it provides EPC services, project development & rooftop solutions. fiinews.com
