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Which company gets $350 million from the U.S. government to support the construction of new wind and solar power plants in India?
A)
Indosolar
B)
ReNew Power
C)
Azure Power
D)
Tata Power Solar

Correct Answer : Option (B) - ReNew Power


ReNew Power, a Clean energy producer, had secured a fresh debt financing of up to $350 million from the U.S. government's development finance institution Overseas Private Investment Corporation (OPIC). This follows an earlier round of financing when OPIC granted a loan of $250 million to ReNew Power in March 2016. The funds will be utilized by ReNew Power to support the construction of new wind and solar power plants in India.

Published On : July 11, 2021
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