KIIFB celebrates debut Masala Bond listing on London Stock Exchange; firm terms development as a milestone for Kerala
KIIFB is the first sub-sovereign entity in India to access the international debt capital markets in this manner, said its CEO KM Abraham.
India’s green bond market is currently pegged at about $3 billion, apportioning majority of the proceeds to renewable energy projects (contributing directly towards achieving India’s NDCs)
India, which receives twice as much sunshine as European countries, wants to make solar central to its renewable expansion.
Gadkari said he was not questioning CAG but audit reports had not named directors of the companies accused in either the 2G telecom spectrum scam or the coal scam.
The Nagpur Metro Rail Corporation Ltd (NMRCL) may use solar power in a big way to run the service and wants to tie-up with German government for technological and financial support, a senior official said.
Purti group today said it has not defaulted on loans from state-run IREDA and Union Minister Nitin Gadkari was never involved in its day-to-day operations, as Opposition demanded the Minister's resignation over CAG flagging this issue.
Within 18 months the country can solve energy problems by putting in place thermal capacity of about 1 lakh MW, which is lying incomplete, blending it along with about 2,50,000 mw capacity available as of today, said Prabhu who was power minister in the previous NDA-led government.