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India steps on the gas to set up World Solar Bank, may take up 30% equity

By : Sustainability ..., May 28, 2020

India is looking to expedite the International Solar Alliance’ (ISA) playbook of setting up a World Solar Bank (WSB), that may require a total equity capital of $10 billion and a paid-up capital of $2 billion, said two people aware of the development. The plan being explored...

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IndusInd Bank to set up impact financing unit

By : sustainabilityo..., Dec 11, 2017

Private sector lender IndusInd Bank Ltd is preparing to open a new vertical to focus on so-called impact financing, said Roopa Satish, country head for corporate, institutions and investment...

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Rs 71,000 crore loans cleared for green energy

By : sustainabilityo..., Apr 12, 2016

Banks and NBFCs (non-banking financial companies) have met 18% of their five-year lending commitment for renewable energy projects within 14 months of promising to fund more than 78 GW (giga...

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Subject Tags: bank , Financing , Green Energy

Green dreams: judging the BRICS bank climate ambitions

By : Sustainability ..., Jul 23, 2014

Does the new development bank launched by Brazil, Russia, India, China and South Africa last week herald a new age in low carbon financing? It is a question leading economists and civil society observers have been asking for some time, with few answers...

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U.S. Ex-Im Bank weighs loan to major India coal project

By : Sustainability ..., Jul 4, 2014



The U.S. Export-Import Bank is considering financing a massive coal-fired power plant in India despite the fact the Obama administration has called on domestic and global public lenders to stop funding coal-plants in his climate change strategy.


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Subject Tags: bank , Technology , World Bank

India's rice warrior battles to build living seed bank as climate chaos looms

By : Sustainability ..., Mar 18, 2014

Fifty years ago, every Indian village would probably have grown a dozen or more rice varieties that grew nowhere else. Passed down from generation to generation and family to family, there would have been a local variety for every soil and taste – rice...

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Subject Tags: bank , Technology

German bank to fund Green Energy Corridors project

By : Sustainability ..., Feb 17, 2014

 The Rs.1,593-crore Green Energy Corridors project of the Tamil Nadu Transmission Corporation (TANTRANSCO) will be the State’s first power project to be funded by the KfW, a German development bank.

Announced in the State budget tabled in the Assembly a few days ago,...

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Deutsche Bank: Sustainable solar market expected in 2014

By : Sustainability ..., Dec 19, 2013

 The German bank has raised its 2013 global solar demand forecast to 30 GW – representing a 20% year-on-year increase – on the back of suggestions of strong demand in markets including India, the U.S., China (around 7 to 10 GW), the U.K. (around 1 to 2 GW), Germany and Italy...

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World Bank plots India’s path to ambitious 20GW solar target

By : Sustainability ..., Dec 17, 2013

 The World Bank has talked up the potential of solar energy in India but warned that the country must make a number of changes if it is to hit its own ambitious deployment target of 20GW by 2022.

In a new report, the bank said falling costs had made solar a promising...

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EXIM bank to focus on horticulture and handloom sector, Northeast India

By : Sustainability ..., Sep 2, 2013

Export-Import Bank of India (EXIM) will aggressively promote the horticulture and hand loom sector of the eight states of Northeast India. 

TCA Ranganathan, Chairman & Managing Director of EXIM bank who in Guwahati...

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Subject Tags: bank