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India eyes first AIIB-issued loan for solar power projects

Funding for clean energy initiatives would allay fears that bank's relaxed lending criteria could promote dirty fuels
Friday, April 1, 2016 - 05:50

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India has also requested US$500 million in financing from the ADB to support rooftop solar.

New Delhi

INDIA hopes to receive one of the first loans issued by the China-led Asian Infrastructure Investment Bank (AIIB) later this year, as it looks to raise US$500 million for solar power projects from the newly created lender, Indian officials said.

Funding for clean energy

sentifi.com

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