BluPine Energy has secured a green loan of Rs 511 crore for its 120 MW solar project in Gujarat, contributing to India's clean energy goals and underlining its commitment to innovation and environmental responsibility. The total investment in the project is 6.65 billion rupees ($80 million). The solar farm is expected to generate 323,000 MWh of solar energy per year, offset 296,000 tonnes of CO2 emissions and power 270,000 homes. The electricity generated will be supplied to Gujarat Urja Vikas Nigam Ltd (GUVNL) under a power purchase agreement for a period of 25 years.