Banks & FI funding for renewal projects in India

Last Modified: Thu Jul 21 2016 12:35:11 GMT+0530 (India Standard Time)
  • 30,983.70 MW
    capacity of renewable energy projects that have received funding from banks and financial institutions.
  • Rs.78,829.69 crore
    total amount sanctioned as of 31 Mar 2016. PSU Banks: Rs. 19,639.52 crore, Private Banks: 18,660.01, PSU NBFCs: Rs. 20,802.01 crore and Private NBFCs: Rs. 19,728.15 crore.
  • Rs. 33,482.83 crore
    amount released as on 31 Mar 2016. PSU Banks: Rs. 7,333.35 crore, Private Banks: 8,615.07, PSU NBFCs: Rs. 9,442.71 crore and Private NBFCs: Rs. 8,091.7 crore.
  • 16,040.09 MW
    capacity of renewable projects that will be based on wind.
  • 13,773.81 MW
    capacity of renewable projects that will be based on solar.
  • 700.95 MW
    capacity of renewable projects that will be based on small hydro.
  • 36
    banks and NBFCs have in all committed to finance renewable energy projects of 76,350 MW in the country with an outlay of Rs. 3,72,240 crore.
Posted by Yatin Dhareshwar in Business & Industry
Tags Power Sector,Renewable Energy,Funding,India
Source The Economic Times