In Short : Rural Electrification Corporation Limited (REC) aims to raise approximately Rs 3,500 crore through yen-denominated green bonds. This initiative reflects REC’s commitment to financing environmentally sustainable projects and contributing to the green bond market. In Detail : The bonds will issued as part of REC’s $10-billion global medium-term note programme, the company said […]
India has raised $43 billion in the hidden universe of Green Bonds since 2014: Report – EQ Mag
New Delhi : India has raised $43 billion since 2014 through green bonds which have played a significant role in financing the growth of renewable energy in the country, according to a new report from Blooomberg New Energy Finance (BNEF) . “Power producers are leading the issuance of these green debt securities and also bringing […]
Green bonds, blended financing to lure private funds into N-energy – EQ Mag
NITI Aayog has proposed blended financing and green bonds to attract private sector investment in setting up small modular reactors (SMR) to generate nuclear energy to help decarbonise energy sector. The official think tank has also suggested a review of the existing nuclear regulatory framework to make it more comprehensive to accommodate various kinds of […]
Indore civic body’s green bonds generate over Rs 720 crore – EQ Mag
Indore : The green bonds floated by the Indore Municipal Corporation (IMC) as a public issue for setting up solar power plants has received a overwhelming response from investors and attracted a subscription of around Rs 721 crore. This amount is almost six times more than the base price of the issue of Rs 122 […]
Indore becomes first civic body to launch green bonds; to raise Rs 244 crore for 60-mw solar plant – EQ Mag
Mumbai : Indore Municipal Corporation, ranked top in cleanliness survey for six consecutive years, has become the country’s first civic body to launch green bonds, seeking to raise Rs 244 crore for a 60-mw solar plant at its water pumping station. The public issues of the green bonds will be open for subscription from February […]
Govt likely to issue green bonds in Jan-March quarter – EQ Mag
Sovereign Green Bonds are likely to be issued during the January-March period of the current fiscal, Minister of State for FinanceInd Pankaj Chaudhary said on Tuesday. The objective of Sovereign Green Bonds is to mobilize resources for green infrastructure as part of the government’s overall market borrowings in 2022-23, he said in a written reply […]
MP: Indore civic body plans to issue green bonds to raise Rs 250 cr for solar power plant – EQ Mag
In a first, the Indore Municipal Corporation (IMC) plans to list green bonds as a public issue to raise Rs 250 crore for setting up a 60 mega watt (MW) solar power plant, an official said on Friday. The power generated at the solar plant will be used to pull water from Narmada river in […]
EBRD’s investment in green bonds passes €1 billion – EQ Mag Pro
With its latest investment of €65 million in a green covered bond from PKO Bank Hipoteczny (PKO BH), the EBRD has passed a major milestone in green finance, having put more than €1 billion directly into pioneering green bonds since 2017. The value of these bonds is over €7 billion in total. Proceeds from PKO […]
Grenergy successfully issues 52.5 million euros of green bonds in the MARF – EQ Mag Pro
It has been placed with around thirty investors, mainly institutional and private banks With an interest rate of 4%, the company has improved by 75 basis points on the previous financing operation in a challenging market environment with rising interest rate expectations, historically high inflation rates and geopolitical risks following Russia’s invasion of Ukraine. Madrid […]
Green bonds offer pricing benefits to both issuers and investors – EQ Mag Pro
Latest research reveals the gains of going green across primary and secondary markets The latest Green Bond Pricing in the Primary Market is now available, assessing the performance of issuances in the second half of 2021. The findings follow the H1 2021 report and longer-term Climate Bonds analysis which suggests that pricing benefits of green […]