You are here

India's rural power company eyes lending push for renewables

The non-banking financial company is aiming to triple lending to clean energy projects, equipment makers
Friday, April 21, 2017 - 05:50

New Delhi

RURAL Electrification Corp (REC), a state-owned backer of India's power sector, plans to lend billions of rupees to clean energy projects and equipment makers this fiscal year as part of an expanded push into renewables that will also see it issue green bonds overseas.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom