Rural Electrification Corporation

Make in India logo with a backdrop of solar panels.

$1 Billion In Green Bonds Coming Soon From India

Indian public sector companies could soon unleash a flurry of green bonds with a target to raise funding to expand the renewable energy infrastructure in the country. The long list of Indian companies planning rupee-denominated green bonds include Power Finance Corporation, NTPC, Neyveli Lignite, PTC India, and Rural Electrification Corporation. … [continued]

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]