Archive · 16 Sep 2025
KPI Green Energy Issues Green Bonds for Renewable Expansion
KPI Green Energy, a renewable energy company, has launched India's first green bonds that are externally credit-enhanced to get money for its expansion.
The bonds will help build more solar and wind power plants.
The company has also taken a loan from State Bank of India (SBI).
The money will be used to help provide clean electricity to a large number of people each year.
The company also aims to tap into the global bond market.
KPI Green Energy issued India’s first externally credit-enhanced green bonds.
The bonds raised Rs 670 crore.
The five-year bonds carry an 8.50% interest rate.
Proceeds will fund expansion of the company’s solar, wind, and hybrid power projects.
KPI Green Energy is also planning to secure a Rs 3,200 crore loan from SBI.
- Who
- KPI Green Energy
- What
- Issued green bonds to fund clean energy expansion
- When
- Not specified in article
- Where
- India
- Why
- To expand solar, wind, and hybrid power portfolio
KPI
SBI and Other investors
Access to funding
KPI
KPI issued green bonds and secured a large loan from SBI
SBI and Other investors
Investors and SBI have placed faith in KPIs plans
- Company
- KPI Green Energy
- Bond Type
- Green Bond
- Bond Amount
- Rs 670 crore
- Interest Rate
- 8.50% per annum
- Maturity
- 5 years
- Credit Rating
- AA+ (CRISIL and ICRA)
- Use of Funds
- Renewable energy expansion
- SBI Loan
- Rs 3,200 crore
