Question

    Tata Power has received a Rs 450 crore sustainable trade finance facility from which country’s bank to fund its solar projects in India?

    A Russia Correct Answer Incorrect Answer
    B Norway Correct Answer Incorrect Answer
    C Switzerland Correct Answer Incorrect Answer
    D Japan Correct Answer Incorrect Answer
    E USA Correct Answer Incorrect Answer

    Solution

    Tata Power has received a Rs 450 crore sustainable trade finance facility from MUFG Bank of Japan to fund its solar projects in India. MUFG has extended the financing to fund Tata Power's two solar power projects - a 100 MW renewable project in Parthur, Maharashtra and a 120 MW green energy project in Mesanka, Gujarat.

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