To achieve its net zero goals, India is focusing on generating additional global financial resources. To lower the carbon emissions of the economy, the Union budget for 2022-23 announced the issuance of sovereign green bonds […]
India’s rapidly growing renewable energy sector is likely to gain from the availability of easier finance following the upgrade of the country’s sovereign rating by Moody’s. But the good news may be overshadowed by certain […]
In November 2017, state-owned Power Finance Corporation (PFC) raised $400 million through its maiden green bond issue. The company listed its 10-year Reg S Green Bond on the London Stock Exchange’s (LSE) International Securities Market […]
State-run power sector infrastructure financing company Rural Electrification Corporation (REC) has come a long way since it was established in 1969. From an initial mandate of energising pumpsets, REC has expanded its activities significantly to […]
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