EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
