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World Bank nods to USD-100m financing for large Indian solar

World Bank nods to USD-100m financing for large Indian solar

The board of the World Bank on Thursday approved USD 100 million (EUR 94m) in financing that will help develop common infrastructure for large-scale solar projects in India.

The Indian Renewable Energy Development Agency Limited (IREDA) will receive the funds in order to provide them as sub-loans to select states as part of the so-called Shared Infrastructure for Solar Parks Project. read more →

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