News  NON-CONVENTIONAL NEWS

IFC plans $6 billion investment in India

1244 times viewed
Source: The Economic Times
Wednesday, July 19, 2017

 MUMBAI: International Finance Corporation (IFC), a World Bank Group member, is planning to invest up to $6 billion in India over the next five years to support initiatives in renewable energy and green buildings, said a top official of the institution. 


“We have already invested over $2 billion in green buildings initiatives in India since 2005. Over the next five years until 2022, we will be investing $5 billion to $6 billion on climate change-led initiatives,” said Jun Zhang, India country head, IFC. 

Out of this proposed investment, 20% will be invested in efforts towards green buildings initiatives, while rest will be in climate change-led and sustainable development projects. 


Comments:

29-Nov-2017
By JimmiNil
1zPxFQ http://www.LnAJ7K8QSpfMO2wQ8gO.com



Post Your Comment:

Name:*
    
E-mail:*
    
Comments:*
    


Also Read:

Breather for solar gear importers

Chinese imports edge out domestic solar players

How a Bengaluru-based company is working to transform sewage into biodiesel

Karnataka Electricity Regulatory Commission seeks cut in base tariff for solar auction

Adani Group among top 15 global utility solar power developers

BSES launches rooftop solar single-point for apartment complexes

CDC bats for Shivanand Nimbargi for its renewable venture in South Asia

MP aims to beat China, build world’s biggest solar park

Government starts safeguard duty probe on solar cells

Captive power producers say facing 'severe coal shortage'

News  NEWS ARCHIVE
   
Home | Recent News | Privacy Policy | Disclaimer | Feedback | Sitemap | Contact Us

© Copyright Power Hub 2012-2014, All rights reserved.