Indian Railway Finance Corporation Ltd (IRFC) has entered into a ₹50 billion loan agreement with NTPC Renewable Energy Limited (NTPC REL). This funding will support NTPC REL's ambitious renewable energy projects, including solar, wind, and hybrid systems, as part of India's push toward clean energy.
	 
	Key Highlights:
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		Loan size: ₹50 billion
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		Purpose: Development of renewable energy projects, including pumped hydro systems
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		Part of NTPC REL's target to install 25 GW of renewable capacity and 10 GW of hydro projects
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		IRFC's ongoing commitment to financing green initiatives aligned with India's 2030 clean energy goals
	This agreement further solidifies IRFC's role in driving India's renewable energy transition. With its recent ₹75 billion financing for NTPC Green Energy, IRFC continues to expand its footprint in sustainable infrastructure development.
	 
	Sources: PowerLine News, Renewable Watch, March 25, 2025