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Azure Power Secures $163 Million Debt Funding for its Solar Project from MUFG

With this deal, MUFG secured certification for 2.6 GW of renewable capacity

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Mitsubishi UFJ Financial Group (MUFG) has announced the completion of a five-year syndicated financing deal of $163 million for Azure Power‘s 300 MW solar project. The project is being developed in Rajasthan.

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