August 29, 2018 7:58 AM

printer

Centre and the World Bank sign 300 million dollar loan agreements for India Energy Efficiency Scale up Programme

<span style="color: #222222;">The Central government and the World Bank have signed 300 million dollar loan agreements for India Energy Efficiency Scale up Programme. They signed 220 million dollar Loan Agreement and an 80 million Guarantee Agreement for the Efficiency Scale-Up Program. </span><br />'' <br />'' <span style="color: #222222;">The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale-up the deployment of energy saving measures in residential and public sectors, strengthen EESL's institutional capacity, and enhance its access to commercial financing.</span><br />'' <span style="color: #222222;">The Agreement was signed by Joint Secretary in the Ministry of Finance, Sameer Kumar Khare on behalf of Government of India and Acting Country Director World Bank India, Hisham Abdo in New Delhi yesterday.</span><br />'' <br />'' <span style="color: #222222;">Speaking on the occasion, Mr. Khare said that the Program will help tackle the financing, awareness, technical and capacity barriers faced by new energy efficiency programs and support the UJALA program of the Government.</span><br />

Most Read
View All arrow-right

No posts found.