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$400 Million: #Solar, Wind Funding In India


 
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#1 eds

eds

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Posted 01 January 2018 - 10:23 AM

European Investment Bank (EIB), and
. . . Yes Bank, a private Indian bank,
. . . will co-finance solar, and wind energy projects in the states of:
. . . . . . Karnataka,
. . . . . . Telangana,
. . . . . . Maharashtra, and
. . . . . . Rajasthan.
The projects presumably will have access to cheaper debt finance,
. . . compared to the rates being offered by Indian banks,
. . . due to the collaboration with EIB.

Such collaborations are essential for India,
. . . to achieve its renewable energy targets of
. . . 175 gigawatts of operational renewable energy capacity by March 2022.

1-1-2018 Source:  $400 Million: #Solar, Wind Funding In India

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