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Solar projects risk mitigation mechanism under ISA to be ready in a year

By : sustainabilityo..., Dec 6, 2017

A mechanism for reducing the risks associated with financing of solar power projects and make them viable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a...

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India raises $400m green bond to fund renewables drive

By : sustainabilityo..., Nov 30, 2017

A leading Indian financier issued a $400 million “green” bond on the London Stock Exchange on Wednesday, to support the country’s renewable energy drive.

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Subject Tags: Financing , green bond

Asian Development Bank to extend $20 billion loan to India over 5 years

By : sustainabilityo..., Nov 28, 2017

Multi-lateral funding agency Asian Development Bank (ADB) on Monday said it will raise annual funding to India up to $4 billion from existing $2.7 billion, from next year. To accelerate...

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Renewable energy companies expect easier financing for projects

By : sustainabilityo..., Nov 20, 2017

India’s rapidly growing renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, industry leaders said. But the...

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ICICI Bank-backed India Infradebt Ltd braces for a record year

By : sustainabilityo..., Nov 17, 2017

ICICI Bank-backed India Infradebt Ltd, an infrastructure re-financing company, is stepping on the gas after years of inaction and is poised to make record acquisition of assets in fiscal 2018...

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India says developed countries should earmark financial assistance for solar projects in developing nations

By : sustainabilityo..., Nov 15, 2017

India has said the developed countries should earmark a part of the Official Development Assistance (ODA) loan towards solar energy projects in developing countries.

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REC sets sights on foreign markets to boost revenues

By : sustainabilityo..., Nov 10, 2017

REC implements India’s flagship programme to electrify rural areas under Deendayal Upadhyaya Gram Jyoti Yojana and ‘Saubhagya’ scheme, which aims to provide last-mile connectivity to rural...

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HSBC pledges $100 bn of finance by 2025 to combat climate change

By : sustainabilityo..., Nov 7, 2017

HSBC has pledged to provide $100 billion in financing and investment by 2025 to help combat climate change, the bank said on Monday.

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SBI sanctions credit facilities worth Rs 2,317 crore for rooftop solar projects

By : sustainabilityo..., Oct 31, 2017

State Bank of India (SBI), the country's largest commercial bank, announced today the sanction of credit facilities amounting to Rs 2,317 crore with aggregate capacity of 575 MW to corporates...

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IFC-led consortium finalises ‘largest private sector financing package’ for solar in MENA region

By : sustainabilityo..., Oct 31, 2017

The International Finance Corporation (IFC) has finalised a US$653 million debt package for 13 solar projects at the Benban Solar Park, near Aswan in Egypt.

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