Tuesday, May 26, 2015

There appears to be a big push towards state of decay renewable energy in India driven by new Prime


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17 state of decay February 2015 by David Weston , Be the first to comment INDIA: The State Bank of India (SBI) is to invest $12 billion in developing 15GW of renewable energy by 2020. The State Bank of India has pledged $12 billion in financing for renewable energy projects
Bhattacharya also said interest rates will be dependent on size of the project, viability and associated risks. Interest rates could come down, she added, if the Reserve Bank of India classified renewable energy projects as a priority sector. This would increase banks' incentives to lend to developers.
There appears to be a big push towards state of decay renewable energy in India driven by new Prime Minister Narendra Modi. Modi included a promise to boost renewable energy in his party's winning manifesto at the last election in May 2014.
And in November, the US Export-Import bank revealed plans to provide $1 billion in financing for the sale of US-made renewable energy technology to India. Related Articles Actis launch 800MW development push in India Offshore MoU signed in India Suzlon raises $647 million in bond deal
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