{"id":361800,"date":"2020-07-08T10:16:12","date_gmt":"2020-07-08T04:46:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=361800"},"modified":"2020-07-08T10:37:15","modified_gmt":"2020-07-08T05:07:15","slug":"aiib-extends-50-mn-loan-to-lt-infra-finance-for-renewable-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aiib-extends-50-mn-loan-to-lt-infra-finance-for-renewable-energy\/","title":{"rendered":"AIIB extends $50 mn loan to L&amp;T Infra Finance for Renewable Energy"},"content":{"rendered":"<p>Asian Infrastructure Investment Bank (AIIB) has released $50 million in the first tranche of assistance to L&amp;T Infrastructure Finance Ltd for funding Renewable Energy projects in the country. <\/p>\n<p>The Bejing-based a multilateral development bank, which invests in sustainable infrastructure, has sanctioned total $100 million loan to unit of L&amp;T Finance Holdings. This is AIIB\u2019s first loan to a non-banking financial company (NBFC) in India, the company said in a statement. <\/p>\n<p>The loan proceeds will be used to on-lend to large and mid-scale wind and solar power infrastructure projects in India. With the closure of this financing deal with AIIB, LTIF has further diversified its long-term funding sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian Infrastructure Investment Bank (AIIB) has released $50 million in the first tranche of assistance to L&amp;T Infrastructure Finance Ltd for funding Renewable Energy projects in the country. The Bejing-based a multilateral development bank, which invests in sustainable infrastructure, has sanctioned total $100 million loan to unit of L&amp;T Finance Holdings. This is AIIB\u2019s first loan to a non-banking financial company (NBFC) in India, the company said in a statement. The loan proceeds will be used to on-lend to large and mid-scale wind and solar power infrastructure projects in India. With the closure of this financing deal with AIIB, LTIF [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-361800","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=361800"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361800\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=361800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=361800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=361800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}