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Juniper Green Energy secures INR 1,739 crore debt financing from IREDA

#Taxation & Finance News#Commercial#India
Last Updated : 14th Aug, 2025
Synopsis

Juniper Green Energy has secured INR 1,739 crore in debt financing from the Indian Renewable Energy Development Agency (IREDA). This funding will support the growth and development of the company and its subsidiaries, enabling the execution of large-scale renewable projects and strengthening its operational capacity. This is the second debt raise for the company in the past year, as it looks to expand its portfolio of solar, wind, and hybrid renewable energy projects, aligning with India's sustainable energy goals.

Juniper Green Energy on August 13, 2025, announced that it has secured a debt financing of INR 1,739 crore from the Indian Renewable Energy Development Agency Ltd (IREDA). This funding is intended to support the company's growth and development, allowing it to execute large-scale renewable projects and strengthen its operational capacity.


This latest round of financing follows a previous USD 1 billion debt raised by Juniper Green Energy in 2024. That funding was secured from a group of financial institutions that included Power Finance Corporation Ltd (PFC), DBS Bank, HSBC Bank, and IREDA.

Parag Agrawal, Chief Financial Officer of Juniper Green Energy, stated that this funding from IREDA was another important step in the company's growth. He added that they remain committed to building sustainable renewable energy infrastructure that aligns with India's energy goals.

As of June 27, 2025, Juniper Green Energy has a total operational capacity of 1.45 GWp (gigawatt peak). The company recently commissioned the 103 MWp solar component of its hybrid plant at Karanja, Maharashtra, about 16 months ahead of its scheduled commercial operation dates. It has also partially commissioned 25 MW of its 50 MW wind project in Gujarat, nearly three months ahead of schedule.

Juniper Green Energy is an independent renewable energy power producer in India. The company focuses on the development, construction, and operation of utility-scale solar, wind, and hybrid renewable energy projects. These recent milestones demonstrate its ability to execute projects efficiently and on time, positioning it as a key player in India's renewable energy sector.

Source- PTI

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