Japan's MUFG Bank extends Rs 450 crore credit facility to Tata Power
Shashank Joshi, Deputy CEO of MUFG India, said this deal marks another milestone in establishing MUFG as a preferred ESG (environmental, social, and governance) financer in the region.
MUFG has extended the financing to fund TPKL's two solar power projects - a 100 MW renewable project in Parthur, Maharashtra and a 120 MW green energy project in Mesanka, Gujarat. (Representative image from Reuters)