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?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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