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India, UK to set up 240 million pound fund for green energy

India, UK to set up 240 million pound fund for green energy

India and the UK today decided to set up a 240 million pound fund to finance clean energy projects here, Finance Minister Arun Jaitley said today.

The Green Growth Equity Fund will be a sub-fund of NIIF. India had in 2015 set up the Rs 40,000 crore National Infrastructure and Investment Fund (NIIF) to finance greenfield as well as brownfield projects. read more →

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