Juniper Green Energy has secured Rs 1,739 crore in debt financing from Indian Renewable Energy Development Agency (IREDA) to accelerate the growth of its renewable portfolio and that of its subsidiaries.
The funding will aid execution of large-scale solar, wind, and hybrid projects while strengthening operational capacity. This follows the company’s USD one billion debt raise in 2024 from PFC, DBS Bank, HSBC Bank, and IREDA. “This funding from Ireda marks another important step in our growth journey. We remain committed to scaling renewable energy infrastructure that is sustainable and aligned with India's energy goals,” said Parag Agrawal, CFO, Juniper Green Energy.
The firm currently operates 1.45 GWp capacity and has recently achieved early completions — commissioning the 103 MWp solar unit of its hybrid plant at Karanja, Maharashtra, 16 months ahead of schedule, and partially commissioning 25 MW of a 50 MW wind project in Gujarat three months early. The milestones underscore Juniper Green Energy’s execution strength in India’s clean energy sector.