RE developers raise over Rs 26K cr through bonds in Jan-Jun this year
Indian renewable energy project developers have raised as much as Rs 26,300 crore through issuance of green bonds during January to June this year, according to a CEEW-CEF report.
“Indian renewable energy (RE) developers have issued green bonds worth Rs 26,300 crore (USD 3.6 billion) in the first half of 2021 alone, beating even previous one-year records, according to an independent study released on Wednesday by the CEEW Centre for Energy Finance (CEEW-CEF),” a statement said.
The study is titled Financing India’s Energy Transition Through International Bond Markets.
The study, supported by Bloomberg Philanthropies, also found that Indian developers have raised more than Rs 78,200 crore (USD 11 billion) since 2014 through green bonds issued in international markets.
