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PE-backed Azure Power may get $70M from US Exim Bank

BY  Bhawna Gupta
The company is expanding its existing solar plant to raise the total output to 40 MW.

Export-Import Bank of the US may provide long-term finance of Rs 395.9 crore ($70.35 million) to solar power producer Azure Power India Pvt Ltd for its solar power plant at Nagaur in Rajasthan.

The plant is...

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