Green Fund

ADB Issues its Largest Local Currency Green Bond in Indian Rupees

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 […]

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Beyond Odd-even, Delhi apt Solar to threshold Pollution

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 […]

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