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state bank of india News & Updates - December 5, 2025


TACC Limited secures Rs 1,230 crore credit Line from SBI for Lithium-Ion Battery anode plant
Manufacturing   -  Oct 17,2025
TACC Limited has secured a ₹1,230-crore credit line from SBI to fund its lithium-ion battery anode plant. The project positions TACC in the energy storage sector, supplying critical anode materials .


ACME Solar secures Rs 1,100 crore refinancing for 300 MW Rajasthan Project
Power Generation   -  Sep 26,2025
ACME Solar Holdings has secured Rs 1,100 crore ($132 million) in debt refinancing from SBI for its 300 MW solar project in Rajasthan. The 17-year refinancing aims to reduce debt costs by 1%, optimize .


Murugappa Group plans to invest Rs 3,000 crore on EVs
Automotive Industries   -  May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f .


Avaada Energy secures Rs 1,190 crore loan for solar project
Power Generation   -  May 09,2024
Avaada Energy secures Rs 1,190 crore loan from State Bank of India for a 400 MWp solar project in Gujarat's Surendra Nagar district. The 20-year project loan will aid development and procurement .