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Banks, financial institutions provide over Rs 78K crore for clean energy projects

By : sustainabilityo..., Jul 19, 2016

Banks and financial institutions have sanctioned about Rs 78,830 crore funding for clean energy projects, of which Rs 33,482.83 crore has been released till March end this year, Parliament was...

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India for action before 2020 to curb emissions

By : sustainabilityo..., Jul 5, 2016

India today underlined the need for countries to take pre-2020 climate actions to curb emissions and sought cooperation among countries in finance and technology sectors to tackle climate change...

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IREDA & KfW sign € 20 million Loan Agreement

By : sustainabilityo..., Jul 4, 2016

KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have today signed the 6th Line of Credit (LoC) for € 20 million to be utilized by IREDA for “Access to Energy” by...

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Subject Tags: finance , IREDA , KfW

UDAY Unlikely to Destabilise Aggregate State Finances but Select States Will Feel the Pinch: India Ratings

By : sustainabilityo..., Jun 30, 2016

Aggregate impact of UDAY on the fiscal deficits of 13 states that have joined the scheme will be 0.47% of gross domestic product (GDP) in FY17 estimates India Ratings. However, state finances of...

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Piyush Goyal to seek soft loans for renewables from World Bank

By : sustainabilityo..., Jun 29, 2016

Power Minister Piyush Goyal today said he will seek low-cost and long-term finance for clean energy projects in his meeting with World Bank chief Jim Yong Kim tomorrow.

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Subject Tags: finance , The World Bank

Apple is first U.S. tech company to issue green bonds

By : sustainabilityo..., Feb 23, 2016

Apple frequently uses debt rather than its flush cash coffers to finance corporate initiatives, such as stock repurchase programs — it makes sense to do so for tax reasons.

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Suzlon creates new shares as $4.95 million of bonds converted

By : sustainabilityo..., Feb 9, 2016

Suzlon Energy Ltd., India’s biggest wind turbine maker, created 19.3 million new shares to cover convertible bonds that were exchanged for equity, according to a filing to the National Stock...

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Subject Tags: finance , Green Bonds , wind

2% incentive for New Town green buildings in Kolkata

By : sustainabilityo..., Dec 9, 2015

The New Town Kol kata Development Authority (NKDA) is encouraging buil ders to build more green buil dings in Rajarhat, New Town.

The authorities recently gave green signal to the deci sion of 2% reduction in the building plan sanction fee for developers who would be...

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