Jakson Green gets Rs 296 cr credit facility from First Abu Dhabi Bank

Jakson Green announced it secured a Rs 296 crore credit facility from First Abu Dhabi Bank, earmarked for international business expansion starting with investments in Uzbekistan. The funding, equivalent to Rs 2.96 billion, will support the company's venture into Uzbekistan's renewable energy sector, specifically a 250 MW solar power plant with a 63 MW/126MWh battery storage system in Bukhara. This move signifies Jakson Green's pursuit of global growth in the Middle East, Africa, CIS, and Europe.