Credit Guarantees for Solar Power Projects in India

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Credit Guarantees for Solar Power Projects in India

Date

18 April 2011

Countries

India

Subjects

Private sector; Energy

ADB is providing up to $150 million in guarantees to banks to finance private solar power plants in India. Don Purka, ADB's Senior Investment Officer, says they will help India scale up use of this renewable energy source and improve energy security.

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