For the construction of 300 MWac wind-solar hybrid projects in Madhya Pradesh and Karnataka, Vibrant Energy has secured approximately Rs 2,200 crore in project financing from the government-run Power Finance Corporation (PFC).
According to a statement from Vibrant Energy (Vibrant), a company that creates corporate renewable energy solutions, the financing will be one of the biggest project finance deals in the Indian renewables industry in 2023.
The CEO of Vibrant Energy, SrinivasanViswanathan, expressed optimism that the company will be able to provide more green energy options for corporate India.
