Multilateral Development Banks (FY 2016-17)*
Organization | Amount (Rs. million) | Amount ($ million) | Description |
Asian Development Bank | 11492.25 | 175.00 | Loan to Improve India's solar power transmission system |
Asian Development Bank | 32835.00 | 500.00 | Loan to renewable energy projects |
European Investment Bank | 14815.35 | 213.94 | Loan to SBI for mega solar projects |
Asian Development Bank | 3283.50 | 50.00 | Co finance from clean technology fund |
Asian Development Bank | 25611.30 | 390.00 | Project funding to Renew Power |
World Bank | 41043.75 | 625.00 | Loan to SBI for lending to grid connected solar PV projects |
(Source: Press releases by respective companies)
*Annual average exchange rate for the FY 2016-17 has been considered for Rs.-$ conversion
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