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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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Subject Tags: Financing , solar

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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Subject Tags: Financing , Solar Rooftop

Asian Development Bank, Punjab National Bank to finance solar rooftop projects

By : sustainabilityo..., Jun 1, 2017

The Asian Development Bank (ADB) and the Punjab National Bank (PNB) on Tuesday signed a financing loan worth USD 100 million, to be guaranteed by the Government of India, in order to finance...

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REC says over 10% lending this financial year will be in renewables

By : sustainabilityo..., Jun 1, 2017

As the country 's energy sector increases focus on renewable options, one of the main power finance companies, Rural Electrification Corporation (REC), expects its lending to the industry to...

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Subject Tags: Financing , REC

ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India

By : sustainabilityo..., May 19, 2017

The Asian Development Bank (ADB) has raised 3 billion Indian Rupees (INR), about $47 million, from a new issue of offshore Indian Rupee-linked bonds to help finance climate change mitigation and...

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IREDA finances Rs 10,000 crore green projects during 2016-17

By : sustainabilityo..., Apr 10, 2017

The Indian Renewable Energy Development Agency increased its financing of green energy projects considerably in 2016-17, crossing the milestone of Rs 10,000 crore in a single year for the first...

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US-India Clean Energy Finance Initiative Opens Call for Applications

By : sustainabilityo..., Apr 4, 2017

The newly launched US-India Clean Energy Finance (USICEF) initiative is currently seeking applications from project developers and project proponents in...

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