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Govt homes in on Rs 25,000 crore projects for green financing – EQ Mag

Govt homes in on Rs 25,000 crore projects for green financing – EQ Mag

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New Delhi: The government has identified projects worth ₹25,000 crore that will be financed by proceeds from sovereign green bonds issued in the current fiscal and the next as part of its green-funding push, officials said. The projects already identified for green financing are largely in renewable energy and clean transportation segments, one of them said.

“This money is being raised for a very specific purpose, so it will be utilised strictly in stipulated green projects,” he said, adding that more green projects are expected to be identified for funding later…Read More

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network