AIIB expects $100m investment a year in India’s solar, wind projects
Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month.
AIIB expects to tap as much as $100 million green and renewable projects in India from next month, bank’s Director General (Investment Operations) Pang Yee Ean said.
In a month’s time, you will see approval of projects in the Renewable Energy sector (in India), said Pang after addressing the South Asian Diaspora Convention on Saturday.
We should be consistently doing wind and solar projects up to $100 million each year I would say each year there would be a $100 million in the private sector for renewable projects.
