ADB Issues its Largest Local Currency Green Bond in Indian Rupees Updated On Wed, Jan 31st, 2024 by Saurenergy The Asian Development Bank (ADB) has raised 12.5 billion Indian rupees (about $150 million) through its largest local currency green bond issue to date. The issue is structured as a 4-year currency-linked bond, with a bullet repayment at maturity and carrying a fixed interest rate of 6.72% per year, ADB said in a media release […] Read more
Beyond Odd-even, Delhi apt Solar to threshold Pollution Updated On Wed, Mar 9th, 2016 by Saurenergy Delhi Government is on a hurl to mitigate pollution; going beyond its odd-even formula the government has now proposed a ‘green fund’ to keep the air clean through solar plant installations. The Delhi government had recently organised a discussion with the city’s RWAs to formulate effective policies to conserve electricity. Power Minister Satyendar Jain had […] Read more
