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AIIB Invests in 100-percent electric rapid transit system in Bangalore

By : Sustainability ..., Mar 30, 2020

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a US$335 million loan for a 100-percent electric metro project that will reduce traffic and pollution and increase employment and mobility in India. The investment in the Bangalore Metro Rail...

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AIIB approves US$65 million for Hero Future’s 250 MW solar project

By : Sustainability ..., Dec 24, 2019

After a US$75 million loan to Tata Cleantech Capital, the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has agreed to invest US$65 million in a 250 MW grid-connected solar power project by another Indian developer Hero Future Energies. The project—located...

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Asian Infrastructure Investment Bank mulls $2.2-billion loan for Indian infra projects

By : Sustainability ..., Nov 18, 2019

Beijing-based Asian Infrastructure Investment Bank (AIIB) is evaluating loans worth over $2.2 billion for funding power transmission and distribution projects in Assam, metro rail projects in Chennai, Mumbai and rural water supply system in Karnataka, the multi-lateral lender...

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