The National Bank for Financing Infrastructure and Development has sanctioned ₹566.30 crore to Juniper Green Kite Private Limited for a 90 MW onshore wind power project implemented in Gujarat.

The transaction involved a senior secured project financing comprising a ₹533 crore rupee term loan, along with an LC sub-limit of ₹125 crore and a separate bank guarantee facility of ₹33.30 crore, to part-finance an estimated project cost of ₹692.57 crore.

The project has long-term offtake secured under a power purchase agreement and is sponsored by Juniper Green Energy, with Juniper Renewable Holdings Pte. Ltd., Singapore as the promoter.

Shardul Amarchand Mangaldas & Co advised NaBFID on this financing transaction.

The transaction team was led by Anurag Dwivedi (Partner), with support from Prince Singh (Principal Associate), Associates Chaitanya Kashyap, Amogh Mittal and Agrima Aron.

The financing supports the development of utility-scale wind energy infrastructure in India and contributes to the expansion of renewable energy capacity aligned with the country’s clean energy and sustainability goals.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.