AK News Oyster Renewable Energy arms gets Rs 1,844-cr project loan

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Oyster Renewable Energy arms gets Rs 1,844-cr project loan

Published on: Sept. 29, 2025, 3:35 p.m. | Source: The Economic Times

Oyster Green Hybrid Three secured a significant loan of Rs 1,844 crore. This funding is for its 342 MW solar-wind hybrid power project in Madhya Pradesh. Union Bank of India provided the debt financing for twenty years. The project achieved financial closure. It will connect to the ISTS grid. A 25-year power purchase agreement is also finalised.

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