Punjab National Bank to Provide $500 Million to Finance Rooftop Solar Projects in India
The Punjab National Bank (PNB) will finance rooftop solar projects in India through a customized program and will provide up to $500 million (~₹32 billion) in term loans to developers ...
ADB to Provide $1.1 Billion Loan to Strengthen Indonesia’s Energy Sector
The Asian Development Bank (ADB) will provide $1.1 billion in loan to Indonesia to diversify and strengthen its energy sector. According to an ADB release, “The Board of Directors today ...
IFC to Provide $50 Million Loan to ACME Jaipur Solar Power Private Limited for 250 MW Solar Project in Rewa
The International Finance Corporation (IFC), a member of the World Bank, will provide a $50 million (~₹3.2 billion) loan to ACME Jaipur Solar Power Private Limited, a wholly-owned subsidiary of ...
Rural Electrification Corporation Provides $2 Billion Loan to MAHAGENCO to Develop Thermal and Renewable Energy Projects
The Rural Electrification Corporation (REC), a public sector unit of the Government of India involved in financing all segments of power sector, has provided a ₹130 billion (~$2 billion) loan ...
IFC to Provide $50 Million Loan to Arinsun Clean Energy for 250 MW Solar Project in Rewa
The International Finance Corporation (IFC), a member of World Bank Group, will provide a $50 million (~₹3.2 billion) loan to Arinsun Clean Energy, a subsidiary of Solenergi Power Private Ltd ...
Asian Development Bank Approves $175 Million Loan Package for PGCIL
The Asian Development Bank (ADB) has approved a $175 million (~Rs.11.35 billion) loan to the Power Grid Corporation (PGCIL) to expand its solar power transmission network across the country. The ...
IREDA Launches Loan Program for Concentrated Solar Thermal Projects Set Up under the GEF-UNIDO-MNRE Program
The Indian Renewable Energy Development Agency (IREDA) has launched a loan program to provide easy financing to Concentrated Solar Thermal (CST) projects set up under the GEF - United Nations ...