Home India Ministry of Power Parliament Question: Loan to Private Limited Companies by R...
Date: 2025-07-24 Category: Not Applicable State: Union Government Country: India

Parliament Question: Loan to Private Limited Companies by REC

Issued by Ministry of Power · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

Executive Summary: This document presents the answer to Lok Sabha Unstarred Question No. 806, addressed on July 24, 2025, regarding loans provided by Rural Electrification Corporation Limited (REC) to private limited companies. It details REC's funding of power generation, infrastructure development, and other infrastructure projects. The answer includes annexures with lists of funded projects, refinance loans, and loans to Tamil Nadu-based companies. Key Points / Main Content: REC Funding to Private Sector Projects: * REC has been funding loans to private limited companies for power generation projects, power infrastructure development projects, and other infrastructure projects. Details of Loans Provided: * Annexure I lists private sector projects funded by REC during the last four financial years (FY22-FY25), including borrower details, project descriptions, and sanctioned year. * Projects include wind, solar, and pumped storage projects across various states. Refinance Loans to Private Entities: * Annexure II lists private entities that received refinance loans from REC during the last three years. * Details include borrower, project description, sanctioned amount (in Rs Cr), and disbursed amount (in Rs Cr). Loans to Tamil Nadu-Based Companies: * Annexure III lists private limited companies registered in Tamil Nadu that have received loans from REC. * Details include borrower and project description. Impact Analysis: Private Limited Companies involved in power generation, power infrastructure development projects, and other infrastructure projects: * Impact: These companies benefit from REC's financial assistance, enabling project development and expansion. * Action Required: Companies should utilize the funds as per the loan agreements and ensure timely project completion. Private Entities Receiving Refinance Loans: * Impact: These entities benefit from REC's refinance options, potentially improving financial terms and project viability. * Action Required: Entities should adhere to the terms of the refinance agreements. Private Limited Companies Registered in Tamil Nadu: * Impact: These companies receive financial support from REC, promoting infrastructure and power projects within the state. * Action Required: Companies should ensure proper utilization of funds and compliance with loan terms.

Key Entities Referenced

Rural Electrification Corporation Limited: A public sector undertaking in India that finances and promotes rural electrification projects; also referred to as REC. Ministry of Power: The Indian government ministry responsible for power generation, transmission, and distribution. Tamil Nadu: A state in southern India where REC Limited has provided loans to private limited companies. JSW Renew Energy Ltd: A private limited company that received loans from REC for wind power projects in Tuticorin, Tamil Nadu. Adani Green Energy: A renewable energy company that received funding for solar projects in Khavda Village, Kutch, Gujarat and Chitravathi Pumped Storage Project CPSP at Peddakotla in Sri Sathya Sai District of Andhra Pradesh Gujarat: A state in western India where several renewable energy projects funded by REC are located. Karnataka: A state in South India where several renewable energy projects funded by REC are located. PM-KUSUM: Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan, a scheme for solar power generation.
Official Source Record View Original Source →
See Full Document Text
GOVERNMENT OF INDIA MINISTRY OF POWER LOK SABHA UNSTARRED QUESTION NO.806 ANSWERED ON 24.07.2025 LOAN TO PRIVATE LIMITED COMPANIES BY REC 806. THIRU D M KATHIR ANAND: Will the Minister of POWER be pleased to state: (a) whether Rural Electrification Corporation Limited (REC) has been funding loans to private limited companies for power generation projects, power infrastructure development projects and other infrastructure projects and if so, the details thereof; (b) the details of the private limited companies that were provided loans by REC during each of the last four years, company-wise; (c) whether REC has provided refinance loans to private entities during the last three years and if so, the details thereof along with the funds provided for refinance projects, entity-wise; and (d) whether REC has provided loans to any private limited companies registered in the State of Tamil Nadu, if so, the details thereof and if not, the reasons therefor? A N S W E R THE MINISTER OF STATE IN THE MINISTRY OF POWER (SHRI SHRIPAD NAIK) (a) to (d): Yes. The list of private sector projects funded by REC during last four years is placed at Annexure-I. The list of private entities wherein REC Limited has provided refinance loan during last three years is placed at Annexure-II. The list of Private Limited Companies registered in Tamil Nadu wherein REC Limited has provided loan is placed at Annexure-III. ***********ANNEXURE-I ANNEXURE REFERRED IN REPLY TO PARTS (a) TO (d) OF UNSTARRED QUESTION NO. 806 ANSWERED IN THE LOK SABHA ON 24.07.2025 ************* List of private sector projects funded by REC during last four years Sr. Borrower Details of the Project Sanctioned No. year (FY) Power Generation Projects Jindal Urban Waste 15 MW Municipal Solid Waste to Energy Project 1 Management FY 22 in Ahmedabad, Gujarat Ahmedabad Ltd 2 JSW Renew Energy Ltd. 540 MW wind project in Tuticorin, Tamil Nadu FY 22 3 JSW Renew Energy Ltd. 270 MW wind project in Tuticorin, Tamil Nadu FY 22 GMR Solar Energy Pvt. 4 GMR 2MW Solar Project, IGI Airport Delhi FY 23 Ltd. GMR Solar Energy Pvt. 5 GMR 5 MW Solar Project, GMR MOPA Airport Goa FY 23 Ltd. Kanak Renewables Refinancing of 110.40 MW Wind power project at 6 FY 23 Limited Kushtagi and SREI Renew Rajat Renewables Refinancing of 21 MW Wind power project at 7 FY 23 Limited63 Kushtagi Karnataka ReNew Saur Urja Private Refinancing of 100 MW Solar PV project at Ittigi 8 FY 23 Limited and Raichur ReNew Wind Energy Refinancing of 60 MW Solar PV project at 9 FY 23 (Budh 3) Pvt Ltd Wadgera, Nirna and Ladha, Karnataka ReNew Clean Energy Pvt Refinancing of 51 MW Solar PV project at MP 10 FY 23 Ltd Solar, Madhya Pradesh ReNew Power Private Refinancing of 4 nos operational wind energy 11 FY 23 Limited Projects Greenko MP01 Pvt Ltd 1440 MW Standalone 12 Greenko FY 23 Pumped Storage Project (PSP) ReNew Wind Energy Refinancing of 49.5 MW Wind power project at 13 (Devgarh) Private FY 23 Vaspet 4 Maharashtra Limited ReNew Wind Energy Refinancing of 100.80 MW Wind power project at 14 (Rajasthan 3) Private FY 23 Bhesada Rajasthan Limited SB11 (SBSR Power Cost Overrun - 300MW/ 450MWp Solar Project in 15 FY 23 Cleantech Eleven Ltd.) Bikaner M/s Acme Raisar Solar 300 MW Solar M/s Acme Raisar Solar Energy Pvt. 16 FY 23 Energy Pvt. Ltd. Ltd. M/s Acme Dhaulpur 300 MW Solar M/s Acme Dhaulpur Powertech 17 FY 23 Powertech Pvt. Ltd. Pvt. Ltd. ReNew Solar Energy Refinancing of 143 MW Solar PV project at 18 (Telangana) Private FY 23 Digipalli Telangana Limited Mahan Energen Limited 2 X 800 MW Ultra Supercritical Coal Based 19 FY 23 Ph-II Thermal Power Plant Adani Renewable 500 MW/3165 MWH Standalone Chitravathi 20 Energy Forty-Two Pumped Storage Project (CPSP) at Peddakotla in FY 24 Limited Sri Sathya Sai District of Andhra Pradesh Adani Green Energy 167 MW Solar PV Project in Khavda Village, 21 FY 24 Twenty-Six B Limited Kutch, GujaratAdani Green Energy 500 MW Seci PPA + 400 MW Merchant Sale Solar 22 FY 24 Twenty-Four A Limited Project in Khavda Village, Kutch, Gujarat Greenko KA01 IREP Pvt. 23 1600 MW Pump Storage Project in Karnataka FY 24 Ltd. 560 MW (270 MW wind & 290 MW solar) Greenfield Serentica Renewables 24 hybrid project of Serentica Renewables India 3 Pvt FY 24 India 3 Pvt Ltd Ltd Adani Solar Energy RJ 150 MW/205.5 MWdc Solar Power Plant of Adani 25 FY 24 Two Pvt Ltd Solar Energy RJ Two Pvt Ltd Adani Solar Energy RJ 180 MW/246.6 MWdc Solar Power Plant of Adani 26 FY 24 Two Pvt Ltd Solar Energy RJ Two Pvt Ltd Serentica Renewables 600MW Greenfield Solar power project for captive 27 India 9 Private Limited consumption to be set up at Fatehgarh district, FY 24 (SRI9PL) Rajasthan Blue Pine Energy Pvt. Refinancing of 11 operational projects 28 FY 24 Ltd. 355MWac/403 MWp RTL for refinancing of 13 operational projects of 29 Renew FY 24 11 SPVs of Renew group Refinancing of 7 SPVs of 615 MW Solar Project at 30 Azure FY 24 Multiple Locations Maharashtra State MSPGCL 1071 MWac Solar Power Projects under 31 Power Generation FY 25 PM-KUSUM Company Ltd Sunbreeze Renewables 32 1400 MW SRNPL Solar FY 25 Nine Private Limited JSP Green Wind 1 33 Private Limited 1400 MW JGW1PL Wind FY 25 (JGW1PL) Addl. Loan for 300 MW Solar Power Project in 34 ACME Heergarh FY 25 Rajasthan JSW Renew Energy 35 Addl. Loan for 540 MW wind project FY 25 Limited JSW Renew Energy 36 Addl. loan for 270 MW wind project FY 25 Limited Greenko MP01 IREP Additional loan for capacity augmentation from 37 FY 25 Private Limited (GMIPL) 1440 to 1920 & cost overrun ACME Surya Power 38 250 MW ACME FDRE Project FY 25 Private Limited XL Xergi Power Private 39 400 MW Solar XXPPL at Jaisalmer and Barmer FY 25 Limited MSKVY Fourth Solar 208 MW MSKVY Fourth Solar SPV, MEIL Group - 40 FY 25 SPV Limited Solar Kusum MSKVY Eighth Solar SPV MSKVY Eighth Solar SPV Limited, MEIL Group - 41 FY 25 Limited Solar Kusum MSKVY Chaturdash Saur MSKVY Chaturdash Saur SPV Limited, MEIL Group 42 FY 25 SPV Limited Solar - Kusum MSKVY Thirteenth Solar MSKVY Thirteenth Solar SPV Limited, MEIL Group 43 FY 25 SPV Limited - Solar Kusum MSKVY Twelfth Solar MSKVY Twelfth Solar SPV Limited, MEIL Group - 44 FY 25 SPV Limited Solar Kusum MSKVY Saptam Saur MSKVY Saptam Saur SPV Limited, MEIL Group - 45 FY 25 SPV Limited Solar Kusum MEIL SOLAR ENERGY MEIL Solar Energy Private Limited, MEIL Group - 46 FY 25 PRIVATE LIMITED Solar Kusum MSKVY Sixth Solar SPV MSKVY Sixth Solar SPV Limited, MEIL Group - 47 FY 25 Limited Solar Kusum MSKVY Second Solar MSKVY Second Solar SPV Limited, MEIL Group - 48 FY 25 SPV Limited Solar KusumMSKVY Third Solar SPV 170 MW MSKVY Third Solar SPV, MEIL Group - 49 FY 25 Limited Solar Kusum Rinnovabile Energy 50 IRIS Phase 2 Rinnovabile FY 25 Private Limited Iris Renewables Six 51 IRIS Renewables 6 Phase 2 FY 25 Private Limited Iris Renewables Seven 52 IRIS Renewables 7 Phase 2 FY 25 Private Limited Grador Renewables 53 IRIS phase 2 Grador FY 25 Private Limited Adani Green Energy 54 900 MW Hybrid Adani in Jaisalmer and Kutch FY 25 Twenty Six B Limited MSKVY First Solar SPV 225 MW Solar Project in Yavatmal, Avaada Group 55 FY 25 Ltd under PM Kusum MSKVY Eleventh Solar 234 MW Solar Project in Pune, Avaada Group under 56 FY 25 SPV Ltd PM Kusum 98 MW Solar Project in Beed, Nashik, Hingoli, Avaada Sustainable Urja 57 Dhrashiv & Solapur, Avaada Group under PM FY 25 Pvt Ltd Kusum MSKVY Fifth Solar SPV 207 MW Solar Project in Sangli, Avaada Group 58 FY 25 Ltd under PM Kusum MSKVY Tenth Solar SPV 196 MW Solar Project in Ahmadnagar, Avaada 59 FY 25 Ltd Group under PM Kusum MSKVY Twentieth Solar 172 MW Solar Project in Nashik, Avaada Group 60 FY 25 SPV Ltd under PM Kusum 120 MW FDRE Hero Project in Andhra Pradesh Clean Renewable Energy 61 (195 MW Solar DC, 130 MW Solar AC, 150 MW Wind, FY 25 Hybrid 3 private Limited 30 MWh battery) Rs. 3753 Cr. to ACME Sun Power Private Limited ACME Sun Power Private for 320 MW FDRE project (Solar-652.5 MW dc/ 450 62 FY 25 Limited MW AC, Wind-115 MW, Battery Energy Storage System (BESS)-896 MWh) in Rajasthan and Gujarat 355.6 MW EPPL Greenfield Hybrid Project at Energizent Power Jaisalmer, Rajasthan & Anantapur, Andhra 63 FY 25 Private Limited (EPPL) Pradesh (250 MW Solar, 105.60 MW Wind) 325.7 MW Teq XVIII Greenfield Hybrid Project at Teq Green Power XVIII Jaisalmer, Rajasthan & Anantapur, Andhra 64 Private Limited (Teq FY 25 Pradesh XVIII) IRIS Renewables Six Pvt 99 MW Wind Project at Hatalgeri, Gadag, 65 FY 25 Ltd (IR6PL) Karnataka Suzlon Energy Limited & Project Specific Funding as Letter of Comfort 66 M/s Suzlon Global (LoC) Facility to Equipment Manufacturing FY 25 Services Limited Company ACME Jodhpur Solar 67 100 MW Solar Plant at Jodhpur, Rajasthan FY 25 Power Pvt Ltd (AJSPPL) ACME Rewa Solar 68 100 MW Solar Plant at Rewa, Rajasthan FY 25 Energy Pvt Ltd (ARSEPL) ACME Mahbubnagar 69 Solar Energy Pvt Ltd 30 MW Solar Plant at Mahbubnagar, Telengana FY 25 (AMSEPL) ACME Yamunanagar 70 Solar Power Pvt Ltd 20 MW Solar Plant at Yamunanagar, Telengana FY 25 (AYSPPL) Nirosha Power Pvt Ltd 71 30 MW Solar Plant at Nirosha, Uttar Pradesh FY 25 (NPPL) ACME Solar 72 Technologies (Gujarat) 15 MW Solar Plant at Anand, Gujarat FY 25 Pvt Ltd (ASTPL)ACME Odisha Solar 73 25 MW Solar Plant at Bolangir, Odisha FY 25 Power Pvt Ltd (AOSPPL) ACME Solar Energy 74 (Madhya Pradesh) Pvt 25 MW Solar Plant at Rajgarh, Madhya Pradesh FY 25 Ltd (ASEMPPL) ACME Raipur Solar 75 30 MW Solar Plant at Raipur, Chattisgarh FY 25 Power Pvt Ltd (ARSPPL) ACME Nalanda Solar 76 Power Private Limited 15 MW Solar Plant at Banka, Bihar FY 25 (ANSPPL) ACME PV Powertech Pvt 77 50 MW Solar Plant at Sangareddy, Telengana FY 25 Ltd (APPPL) ACME Magadh Solar 78 10 MW Solar Plant at Banka, Bihar FY 25 Power Pvt Ltd (AMSPPL) 210 MW (AC) Solar Power Plant at District Renew Surya Jyoti 79 Jaisalmer, Rajasthan by Renew Surya Jyoti FY 25 Private Limited (RSJPL) Private Limited (RSJPL) Aarohi Solar Private 50MW Aarohi Solar Private Limited (ASPL), 80 FY 25 Limited (ASPL) Anantpur , AP Acme Jaisalmer Solar 20MW Acme Jaisalmer Solar Power Private 81 Power Private Limited FY 25 Limited (AJSPPL) Anantpur , AP (AJSPPL) Dayanidhi Solar Power 40MW Dayanidhi Solar Power Private Limited 82 FY 25 Private Limited (DSPPL) (DSPPL), Chitoor, AP Niranjana Solar Energy 20MW Niranjana Solar Energy Private Limited 83 FY 25 Private Limited (NSEPL) (NSEPL) Kurnool, AP Vishwatma Solar Energy 30MW Vishwatma Solar Energy Private Limited 84 FY 25 Private Limited (VSEPL) (VSEPL) Kurnool, AP ACME Solar Rooftop 30MW ACME Solar Rooftop Systems Pvt. Ltd. 85 Systems Pvt. Ltd. (ASRSPL) Bhatinda (Nangla), Punjab (Plant-1) & FY 25 (ASRSPL) Mansa (Jhunir), Punjab (Plant-2) 437.6 Wind-Solar Hybrid ISTS Power Project at Sholapur & Osmanabad, in the state of M/s Renew Green (MHS Maharashtra 86 Three) Private Limited FY 25 (RGMHS3PL) (Solar - 200 MWac/276.88 MWdc and Wind - 237.6 MW) 650 MW RTC Project comprising of Solar - 850 MW/ M/s Gentari Renewables 1232 MWp, Wind - 1200 MW in Andhra Pradesh and 87 India Castor One Private Karnataka FY 25 Limited (GRICOPL) (Solar – 850 MW/1232 MWp, Wind -1200 MW) Proposal for financial assistance of ₹903 crore (including LoC upto of ₹100 crore) to M/s Adani Adani Solar Energy AP Solar Energy AP Eight Pvt. Ltd. (ASEAP8PL) for 88 Eight Pvt. Ltd. implementation of 250 MWac / 350 MWdc FY 25 (ASEAP8PL) Greenfield Solar Project in Kadapa Ultra Mega Solar Park near Malavaram Dist. Kadapa, Andhra Pradesh. Proposal for financial assistance of ₹3,084 crore Adani Renewable Energy (including LoC upto ₹800 crore) to M/s Adani 89 Fifty-Six Limited Renewable Energy Fifty-Six Ltd. (ARE56L) for FY 25 (ARE56L) implementation of 750 MWac / 1027.50 MWp Solar Project in Khavda, Gujarat.Power Infrastructure Development Projects M/s Mundra solar Energy 90 2000 MWp Solar module and cell manufacturing FY 22 Ltd (MSEL) Refinancing of existing debt against Suzlon WTG 91 Suzlon manufacturing, EPC Business and O&M Services FY 22 Future Cash Flow 50 MWac (70 MWdc) Solar PV project at village Avaada Clean Jamua, district Banka, Bihar of Avaada Clean Sustainable FY 24 92 Sustainable Energy Pvt Ltd Energy Pvt Ltd Upgradation of existing manufacturing Facility of 93 MSPVL FY 24 MSPVL PSF of Rs. 695 Cr to Suzlon for 180.6 MW Wind 94 Suzlon Energy Limited FY 24 Project in Karnataka 95 Suzlon Energy Limited Wind (Corporate Loan for Manufacturing Purposes) FY 24 Khavda Bhuj 96 InSTS Transmission Line in Gujarat FY 24 Transmission Limited Anvil Cables Pvt Ltd - Implementation of Advanced Metering 97 FY 24 STL Infrastructure in J&K Transmission Line in Ladakh under PMDP-15 98 R S Infraprojects Pvt Ltd FY 24 scheme 99 MP Power Package-I InSTS Transmission Line in Madhya Pradesh FY 24 MP Power Transmission 100 InSTS Transmission Line in Madhya Pradesh FY 24 Package-II Limited Beawar Transmission 101 ISTS Transmission Line in Rajasthan FY 24 Ltd Nsure Reliable Power 1 GWh Lithium Ion Cell Manufacturing Facility at 102 Solutions Private FY 25 Malur, Karnataka Limited HMEL Green Energy Rs. 3513 Cr. to M/s HGEPL a subsidiary of HPCL- 103 FY 25 Private Limited Mittal Energy for 2.8 GW MEIL Energy Pvt Ltd 1X250 MW Lignite Based TAQA Neyvili Power 104 FY 25 (MEPL) Company Pvt Ltd (TNPCPL) 105 Suzlon Energy Limited Rs. 770 Cr. LoU Suzlon-NTPC FY 25 ACME Solar Holding 106 LoU to ACME Solar Holding Limited FY 25 Limited Non-Power Infrastructure Projects GMR Vishakhapatnam Development and Construction of Phase-I of 107 International Airport Greenfield Airport at Bhogapuram, Andhra FY 23 Limited (GVIAL) Pradesh Six laning of Kagal Satara section of NH-48 (Old Kagal Satara Road Pvt 108 NH-4) package-II from km 658.000 to Km 725.000 FY 23 Ltd Road project in the state of Maharashtra 3 nos of Compressed Biogas (CBG) production XEMX Projects Private plants of XEMX Projects Private Limited 109 FY 23 Limited (XPPL) aggregating to capacity of 15 TPD in the state of Maharashtra . 110 Evey Trans Financing of 2100 E-buses in Mumbai FY 23 Evey Trans (MHS) Pvt. 111 Financing of 100 E-buses in Maharashtra FY 23 Ltd. 112 Jindal Steel Odisha Ltd 6 MTPA Integrated Steel Plant at Angul, Odisha FY 23 Evey Trans (BLR) Pvt. 113 Financing of 50 E-buses in Karnataka FY 23 Ltd. Mining & Delivery of Coal from Parkhi Barwadih Thriveni Sainik Mining 114 West Coal Blocks as Mine Developer & Operator FY 23 Pvt Ltd (MDO) to NTPC LtdConstruction of the 4-Lane GFH section on NH- MEIL Hanamkonda 163G from Oorugonda village in Hanamkonda 115 Roadways Private FY 23 District to Venkatapur village Road Project in Limited Warangal District on HAM (Package-I), Telangana Financial Assistance for construction of the 4- MEIL Remidicherla Lane GFH section on NH-163G from 116 Roadways Private FY 23 Brahmanapalli(K) village to Remidicherla village Limited Road Project on HAM (Package-II) Telangana Financial Assistance for construction of the 4- MEIL Jakkampudi Lane GFH on NH-163G (Warangal-Khammam) from 117 Roadways Private Remidicherla Village to Jakkampudi Village (on FY 23 Limited NH-16) Road Project on HAM (Package-III) Telangana Vishvam City Bus 118 Operations Private Financing of 100 E-Buses in Rajkot, Gujarat FY 24 Limited 5150 E-Buses under the contract awarded by Evey Trans (MSR) 119 Maharashtra State Road Transport Corporation FY 24 Private Limited (ETMPL) (MSRTC) Financing of 500 E-Buses in Hyderabad awarded 120 Evey Trans (TEL) Pvt Ltd FY 24 by TSRTC Mining of Coal from Gopinathpur Coal Block as 121 Gopinathpur Mine Developer & Operator (MDO) to Eastern FY 24 Coalfields Ltd (ECL) Anjan Mining Private Mining of coal from Anjan Hill Mine as Mine 122 FY 25 Limited (AMPL) Developer cum Operator (MDO) Mining of coal from Pakri Barwadih North West Thriveni Sainik PBNW 123 Coal Block as Mine Developer cum Operator (MDO) FY 25 Private Limited (TSPPL) to NTPC Ltd Mining of coal from Tilaboni Underground Coal JMS Tilaboni Private 124 Mine as Mine Developer cum Operator (MDO) to FY 25 Limited (JTPL) Eastern Coalfields Limited (ECL) Setting up of 1MMTPA Poly Vinyl Chloride (PVC) 125 Mundra Petrochem Ltd FY 25 Plant at Mundra, Gujarat ************ANNEXURE-II ANNEXURE REFERRED IN REPLY TO PARTS (a) TO (d) OF UNSTARRED QUESTION NO. 806 ANSWERED IN THE LOK SABHA ON 24.07.2025 ************* List of private entities wherein REC Limited has provided refinance loan during last three years Sanctioned Disbursed Sr. Borrower Details of the Project amount a m o u nt No. (In Rs Cr) (In Rs Cr) Mining & Delivery of Coal from Pakri Thriveni Sainik 1 Barwadih West Coal Blocks as Mine 336 180.09 Mining Pvt Ltd Developer & Operator (MDO) to NTPC Ltd Kanak Refinancing of 110.40 MW Wind power 2 Renewables 463.27 458.64 project at Kushtagi and SREI Renew Limited Rajat Renewables Refinancing of 21 MW Wind power project 3 113.71 112.57 Limited63 at Kushtagi Karnataka ReNew Saur Urja Refinancing of 100 MW Solar PV project at 4 532.8 520.4 Private Limited Ittigi and Raichur ReNew Wind Refinancing of 60 MW Solar PV project at 5 Energy (Budh 3) 326.71 322.63 Wadgera, Nirna and Ladha Karnataka Pvt Ltd ReNew Clean Refinancing of 51 MW Solar PV project at 6 266.49 261.16 Energy Pvt Ltd MP Solar Madhya Pradesh ReNew Wind Refinancing of 49.5 MW Wind power 7 Energy (Devgarh) 256.94 251.8 project at Vaspet 4 Maharashtra Private Limited ReNew Wind Refinancing of 100.80 MW Wind power 8 Energy (Rajasthan 620.22 613.09 project at Bhesada Rajasthan 3) Private Limited ReNew Solar Energy Refinancing of 143 MW Solar PV project at 9 899.86 889.96 (Telangana) Digipalli Telangana Private Limited Blue Pine Energy Refinancing of 11 operational projects 10 1540.82 Nil Pvt. Ltd. 355MWac/403 MWp Refinancing of 12 SPVs of 450 MW Solar 11 ACME 2360 Nil Project at Multiple Locations Refinancing of 6 SPVs of 190 MW Solar 12 ACME 1213 1032 Project at Multiple Locations MEIL Energy Pvt 1x250 MW Lignite Based TAQA Neyvili 13 440 Nil Ltd (MEPL) Power Company Pvt. Ltd (TNPCPL) Refinancing of 7 SPVs of 615 MW Solar 14 Azure 2500 2370 Project at Multiple Locations *********ANNEXURE-III ANNEXURE REFERRED IN REPLY TO PARTS (a) TO (d) OF UNSTARRED QUESTION NO. 806 ANSWERED IN THE LOK SABHA ON 24.07.2025 ************* The list of Private Limited Companies registered in Tamil Nadu wherein REC Limited has provided loan Sr. Borrower Details of Project No. 1 Gemini Geoss Energy Pvt Ltd 1MW SPV in Tamil Nadu 6.8MW Wind Project in Distt Tirupur, Tamil 2 M/s Shalivahana Wind Energy Ltd Nadu M/s SEPC Power pvt. Ltd 1 X 525 MW Coal based Thermal Power 3 (SEPCPPL) Plant 4 M/s Aura Power Pvt Ltd 5 MW solar pV project in Tamil Nadu 5 MW Solar Project in Kurundamdam, 5 M/s Palvai Green Power Pvt Ltd Virundanagar Distt., Tamil Nadu M/s Mytrah Vayu (Sabarmati) Pvt. 252 MW Wind Energy Project in Maniyachi, 6 Ltd Thoothukkudi District, Tamil Nadu. 100 MW Solar PV Project in Dindigul 7 Solitaire BTN Solar Pvt Ltd. district of Tamil Nadu 300 MW Wind Project in Tirpur District, 8 Sprng Renewable Energy Pvt Ltd Tamil Nadu 252 MW Wind project in Tuticorin, Tamil 9 Vivid Solaire Energy Pvt. Ltd. Nadu 540 MW wind project in Tuticorin, Tamil 10 JSW Renew Energy Ltd. Nadu 270 MW wind project in Tuticorin, Tamil 11 JSW Renew Energy Ltd. Nadu 1x250 MW Lignite Based TAQA Neyvili 12 MEIL Energy Pvt Ltd (MEPL) Power Company Pvt. Ltd (TNPCPL) JSP GREEN WIND 1 PRIVATE 13 1400 MW JGW1PL Wind LIMITED ***************

Continue your research