Sunday, December 13, 2015

India to launch $1-b equity fund for renewable energy

India proposes to launch a $1-billion equity fund, with seed capital from public sector units, to support renewable energy companies.

Government hopes to launch a $1-billion private equity fund where the government companies will seed the initial capital and then at a later date we will look at foreign capital to pool with it to provide equity support to companies which want to come and invest in India’s renewable energy sector.


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