Aseem Infrastructure Finance Secures $80 Million Green Loan from DBS Bank
The funds will be used to finance renewable energy power projects across India
June 25, 2025
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Non-banking financial company and lender to the renewable energy sector, Aseem Infrastructure Finance has secured external commercial borrowing and a green loan amounting to $80 million (~$6.88 billion) from DBS Bank.
The funding will enable Aseem Infrastructure Finance to accelerate the development of renewable power projects across India.
DBS Bank was the sole mandated lead arranger through its branch in the Gujarat International Finance Tec-City.
Aseem Infrastructure is backed by the government-owned National Investment and Infrastructure Fund.
In FY 2024, Aseem supported debt financing for 4.68 GW of green energy assets and developed 936 ckm of power transmission lines. In the previous year, it disbursed funds for over 50 new projects, including those related to green energy, electric mobility, and transmission. It has also financed the deployment of 175 electric buses.
Around 50% of Aseem’s loan book is built around climate-positive funding.
The lender’s total exposure to renewable energy comprises solar power (29.75%), wind solar hybrid power (11.07%), and wind power (7.45%).
In May 2025, Aseem Finance disbursed ₹2.1 billion (~$24.67 million) towards a Maharashtra-based rooftop solar engineering, procurement, and construction services provider, Roofsol Energy. The funding was intended for developing 92.66 MW of rooftop and group captive solar projects across India.
In January 2025, it also funded independent power producer Sunsure Energy with ₹4.16 billion (~$48.07 million) in long-term debt financing. The funding was meant for developing a 150 MW open-access solar park in Solapur, Maharashtra. The project’s first phase is operational, supplying clean energy to industrial customers. The full capacity is scheduled for completion by March 2025.
At the recent Mercom India C&I Clean Energy Meet in Coimbatore, leading bankers explained how they are adapting loan products, processes, and terms to meet the evolving energy needs of micro, small, and medium enterprises and their transition to clean energy sources.