New Delhi : A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution […]
The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India as part of its efforts to ramp up investments in the country. It is extending a credit line of $500 million to Mumbai’s suburban railway network and a $75-million loan to Tata Cleantech Capital Ltd, AIIB […]