BusinessPhoto: Mint CompaniesAditya Birla Renewables Seeks ₹14,500 Crore Loan for Shell Energy Acquisition
Aditya Birla Renewables is seeking approximately ₹14,517 crore ($1.5 billion) in rupee-denominated loans from multiple Indian banks, including SBI and HDFC Bank. The funds will finance its acquisition of Shell Plc’s Indian renewable energy arm, Solenergi Power Pvt Ltd, to avoid costly bridge financing. The deal was signed in July, with Aditya Birla Renewables acquiring 100% equity of Solenergi Power, owned by Shell Overseas Investment B.V.
Mint Companies··Mumbai

