3.65 (0.98%) Power Finance Corporation (PFC) has inked a memorandum of understanding (MoU) with Juniper Green Energy for Rs 5,000 crore to fund renewable energy projects of Juniper Green Energy. The memorandum of understanding is for funding projects of 1200 MW capacities.
With the above development Juniper Green Energy is on track to achieve more than 4000 MW of capacity by 2027 with a diversified portfolio of solar, wind and hybrid projects.
Power Finance Corporation is central PSU under Ministry of Power and India's leading NBFC.