Green
India Plans Debut Green Bonds to Raise $2 Billion by March
- Government will provide details on the planned issuance later
- Nation’s firms have issued more than $26 billion of green debt
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India plans to issue 160 billion rupees ($2 billion) of sovereign green bonds in the fiscal year ending March, as it seeks cheaper funding to meet renewable energy targets.
The government will provide details of the planned green debt issuance for the year later, according to a statement from the nation’s finance ministry on the second half borrowing plan released on Thursday.