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Name of Lender Facility/Instrument Amount (Rs. Crore)
Indian Renewable Energy Development Agency Limited Term Loans 254.9
Power Finance Corporation Limited Term Loans 334.8
Axis Bank Limited Term Loans 15
Tata Motors Finance Limited Term Loans 18.3
STCI Finance Limited Term Loans 12.4
Clime Finance Private Limited Term Loans 2
Sundaram Finance Limited Term Loans 6.9
HDFC Bank Limited Term Loans 26.4
ICICI Bank Limited Term Loans 4.3
Not Applicable Term Loans 2501
Axis Bank Limited Working Capital Facilities 5
Bandhan Bank Limited Working Capital Facilities 40
HDFC Bank Limited Working Capital Facilities 50
ICICI Bank Limited Working Capital Facilities 26.3
Indian Renewable Energy Development Agency Limited Working Capital Facilities 215.7
Not Applicable Working Capital Facilities 381.51
HDFC Bank Limited Bank Guarantee 25
Not Applicable Bank Guarantee
Letter of Credit 		381.51
ICICI Bank Limited Bank Guarantee
Letter of Credit 		26.32
Bandhan Bank Limited Bank Guarantee
Letter of Credit 		252

*November 22, 2024
1 Proposed
2 Sublimit of Cash credit


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Gensol Engineering Limited rated by ICRA. To access the previous rating rationale: Click Here.


This update is being published as per the directions of the Reserve Bank of India (RBI) to the Credit Rating Agencies (CRAs) vide the communication [CO.DOR.ISG.No.S150/21-06-008/2021-2022] dated June 4, 2021.