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ReNew Energy Secures USD 331 Million Funding from Asian Development Bank (ADB).

Economy | Dated: 10 Nov 2025

ReNew Energy, one of India's largest renewable energy producers, successfully secured a major funding package of **USD 331 million** from the **Asian Development Bank (ADB)**. This substantial financial boost is strategically earmarked for the development of a large-scale renewable energy project in India, significantly supporting the country's aggressive targets for energy transition and contributing to the global fight against climate change.

🎯 Key Highlights:

  • The leading renewable energy company, ReNew Energy, successfully secured the substantial funding package.
  • The funding is valued at **USD 331 million** and was provided by the Asian Development Bank (ADB), demonstrating confidence in India's green sector.
  • The funds are dedicated to the development of large-scale, sustainable renewable energy projects in India, accelerating the clean energy transition.

💡 Other Important Facts:

  • The project aims to significantly reduce India's reliance on fossil fuels and lower carbon emissions.
  • It directly highlights ADB's strong and continuous commitment to supporting India's green energy transition goals.
  • The funding package is strategically structured to include both debt and non-sovereign guarantees to mitigate risks.

📚 Test Your Knowledge:

Which institution provided USD 331 million funding to ReNew Energy for renewable projects?

Correct Answer: Asian Development Bank (ADB)

🚀 Quick Recap:

About ReNew Energy

  • Status: One of India's largest Renewable Energy Independent Power Producers (IPPs), Listing: Listed on NASDAQ (USA).
  • Funding Source: ADB (Asian Development Bank), Purpose: Development of multi-gigawatt wind and solar power projects across various Indian states.