Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings (ECB), tying up with 12 international banks for the finance.
The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
The world's largest floating solar power plant will be built on Omkareshwar Dam on the Narmada River in Khandwa, Madhya Pradesh at an estimated cost of over Rs 3000 crores.
EXAMIANS