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Asian Development Bank​ to provide USD 563 million loan for power projects in Uttar Pradesh, Meghalaya

By : Sustainability ..., Dec 2, 2020

Multi-lateral funding agency Asian Development Bank (ADB) on Tuesday said it will provide loan of USD 562.8 million (about Rs 4,143 crore) for power projects in Uttar Pradesh and Meghalaya. The...

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Global sustainable debt grew 78 per cent to $465 billion in 2019: BNEF

By : Sustainability ..., Jan 13, 2020

The volume of sustainable debt issued globally in 2019 stood at $465 billion, up 78 per cent from $261.4 billion in 2018. Also, all-time cumulative issuance of sustainable debt crossed the $1 trillion barrier reaching $1.17 trillion by December 31, 2019, according to...

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SBI to fund Avera EV scooters purchase

By : Sustainability ..., Nov 22, 2019

State Bank of India (SBI) has endorsed the electric vehicle scooters assembled by Avera Energy in Vijayawada. SBI will extend loans to customers Avera Energy’s Retrosa high-speed electric scooters in Andhra Pradesh. The first vehicle loan approval letter was issued to Avera's...

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Subject Tags: electric scooters , loan , SBI

World Bank to lend $310 mn to boost Jharkhand's power transmission infra

By : Sustainability ..., Nov 21, 2018

The Centre and the Jharkhand government on Tuesday signed a pact with the World Bank under which the multilateral agency will advance a loan of $310 million to boost the state's power system,...

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Asian Development Bank to extend $20 billion loan to India over 5 years

By : sustainabilityo..., Nov 28, 2017

Multi-lateral funding agency Asian Development Bank (ADB) on Monday said it will raise annual funding to India up to $4 billion from existing $2.7 billion, from next year. To accelerate...

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India, World Bank ink $98 million loan pact for renewable energy

By : sustainabilityo..., Nov 21, 2017

India and the World Bank on Monday signed a $98 million loan pact, and a $2 million grant agreement to help the country increase power generation capacity through cleaner, renewable energy...

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Freyr Energy ties up with Axis Bank

By : sustainabilityo..., Aug 31, 2017

Solar energy services company Freyr Energy has tied up with Axis Bank to offer term loans ranging from ₹5 lakh to ₹50 lakh for tenures up to five years,for solar rooftop installations in Telangana and Andhra Pradesh.

The loans will be given to MSMEs and self-employed...

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India in $175 million loan pact with World Bank to improve water management

By : sustainabilityo..., Apr 20, 2017

India today signed a USD 175 million loan pact with the World Bank for National Hydrology Project that aims to improve management of water resources.


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Upcoming Rewa solar plant to receive loan from World Bank

By : sustainabilityo..., Mar 15, 2017

The World Bank has agreed to provide loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar (RUMS) project in Madhya Pradesh, a state government official said...

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ADB, India ink $500 million loan pact to expand power connectivity

By : sustainabilityo..., Feb 24, 2017

India and the ADB today signed a $500 million loan pact to expand inter-regional power connectivity in the country, and strengthen transmission system to accommodate renewable energy-generation...

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