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Our primary focus in any case is on the power sector and energy transition. But, last year, in the second half of the financial year, we were allowed to fund the infrastructure sector with a 30% cap. Last year the total sanctions made under the infrastructure sector was Rs 15,000 crore approximately, says Parminder Chopra, director-finance.
"The collaboration will support us i pursuing exciting opportunities as we play a critical role in meeting the exponential growth of sustainable energy for India," company's CFO Parag Agrawal said in a statement.
Juniper Green Energy has an existing portfolio of about 800 MW with an under-construction capacity of 435 MW and a development pipeline of more than 3000 MW of solar, wind and hybrid projects under various stages of development
PFC became 1st member from India to join Asia Transition Finance Study Group
PFC enjoys the unique advantage of providing funds for longer tenure at competitive rates and taking larger exposures. It is looking to fund projects like offshore wind, pumped hydro storage, solar modules and cells, among others in the clean energy space