SBI clears 100 Mw solar projects worth Rs 400 crores under World Bank programme

Posted on:03 Jun 2017 10:48:53
SBI clears 100 Mw solar projects worth Rs 400 crores under World Bank programme
03 June 2017 Current Affairs:

  • State Bank of India and the World Bank announced that they had financed 100 MW of rooftop solar projects worth Rs400 crore in India.

  • SBI got a loan of $625 million from the World Bank via Grid-Connected Rooftop Solar PV (GRPV) projects undertaken by developers, aggregators, end-users, for installation of rooftop solar systems.

  • With this program, SBI will support the installation of more than 600 MW of rooftop solar capacity.


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