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.
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
***************