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IDFC arm raises Rs250 crore to refinance two solar plants

By : SustainabilityO..., Aug 10, 2017

IDFC Alternatives Ltd’s India Infrastructure Fund II has raised long-term project finance of Rs250 crore by selling non-convertible debentures to infrastructure debt funds and financial...

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State Bank of India’s 600 MW plan for rooftop solar moves forward

By : SustainabilityO..., Aug 2, 2017

India’s largest lender State Bank of India (SBI) is seeking to implement a financing program aimed at installing around 600 MW of rooftop PV capacity. The program was launched in June....

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India Insisted On Dues From Global Sources To Fight Climate Change: Government

By : SustainabilityO..., Aug 2, 2017

India has insisted on its rightful dues from international sources in its fight against climate change and any statement to the contrary is "factually incorrect", the government informed the Lok...

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Subject Tags: climate change , Financing

Azure Power to issue US$500 million solar green bond

By : SustainabilityO..., Aug 1, 2017

Azure Power Energy, a wholly owned subsidiary of Indian independent solar power producer Azure Power Global, will issue an inaugural US$500 million green bond offering, maturing in 2022....

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BRICS' New Development Bank has 23 projects in pipeline, including 6 in India: K V Kamath

By : SustainabilityO..., Jul 7, 2017

The BRICS' New Development Bank has 23 new projects amounting to $six billion in the pipeline for financing, including six ventures in India valued at $1.8 billion, the bank's President K V...

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IFC subscribes to L&T Finance green bonds for solar projects

By : SustainabilityO..., Jul 7, 2017

The World Bank's private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, a joint...

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Subject Tags: Financing , Green Bonds , IFC

Piramal extends Rs 700 crore credit line to solar energy

By : SustainabilityO..., Jul 6, 2017

Billionaire Ajay Piramal-owned Piramal Enterprises is shifting its key focus to non-conventional energy, billed as the most promising sector in a power-starved country, with its subsidiary...

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Germany's KfW shifts focus to urban development

By : SustainabilityO..., Jul 4, 2017

The German government-owned development bank, KfW has churned its India funding strategy. It is phasing out its commitments for the support of the financial sector in India and shifting its...

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International Financial Corporation assists Vietnam with green textile production

By : SustainabilityO..., Jun 27, 2017

International Financial Corporation (IFC) has launched a US $ 9.9 million project to assist Vietnamese garment and textile companies in enhancing resource efficiency and thereby saving US $ 15...

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SBI, World Bank finance ₹400-cr solar projects

By : SustainabilityO..., Jun 5, 2017

State Bank of India and the World Bank announced on Friday that they had financed 100 MW of rooftop solar projects worth ₹400 crore in India.

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