Solar power player BluPine raises Rs.239-Cr from Tata Capital

Delhi-headquartered BluPine Energy has raised INR 239 crore from Tata Capital. The funds will be used for a 75-megawatt solar power project in Chhattisgarh, which is expected to generate 117 million units of energy annually and offset more than 107,000 tonnes of CO2 emissions.BluPine Energy, a renewable energy services company, was established by Actis, a global investor in sustainable infrastructure companies.