NTPC Green Bonds

India Plans Tax-Free Bonds To Fund Renewable Energy Projects

The Indian government, through its enterprises, is planning to raise funds by issuing tax-free bonds for renewable energy projects. At least 3 government-owned organisations — Power Finance Corporation (PFC), Rural Electrification Corporation (REC), and Indian Renewable Energy Development Agency (IREDA) — will raise more than $600 million through tax-free bonds. The … [continued]