Evren Secures $600 Million for FDRE Project in Andhra Pradesh and Rajasthan

The 1 GW hybrid project will supply 300 MW of renewable power to NTPC

April 22, 2026

/ Parth Shukla
/ Finance and M&A, Renewable Energy
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Renewable energy company Evren has secured approximately $600 million from lenders, including SMBC, Standard Chartered Bank, MUFG, DBS Bank, Crédit Agricole CIB, and BNP Paribas, to develop a 1 GW hybrid firm and dispatchable renewable energy (FDRE) project in Andhra Pradesh and Rajasthan.

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Parth Shukla

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