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AIIB Invests in 100-percent electric rapid transit system in Bangalore
By : Sustainability ..., Mar 30, 2020
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a US$335 million loan for a 100-percent electric metro project that will reduce traffic and pollution and increase employment and mobility in India. The investment in the Bangalore Metro Rail...Read more..
Subject Tags: air pollution , Asian Infrastructure Investment Bank , electric mobility , traffic congestion
AIIB approves US$65 million for Hero Future’s 250 MW solar project
By : Sustainability ..., Dec 24, 2019
After a US$75 million loan to Tata Cleantech Capital, the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has agreed to invest US$65 million in a 250 MW grid-connected solar power project by another Indian developer Hero Future Energies. The project—located...Read more..
Asian Infrastructure Investment Bank mulls $2.2-billion loan for Indian infra projects
By : Sustainability ..., Nov 18, 2019
Beijing-based Asian Infrastructure Investment Bank (AIIB) is evaluating loans worth over $2.2 billion for funding power transmission and distribution projects in Assam, metro rail projects in Chennai, Mumbai and rural water supply system in Karnataka, the multi-lateral lender...Read more..