Funding India's clean energy transition - The Hindu BusinessLine

Funding India’s clean energy transition
Needed, a flood of funds   -  istock.com/Pogonici×
As the financing requirement will be huge, the way forward is to focus on subsidised credit enhancement and green taxonomy
India’s commitment to energy transition remained steadfast even amid the Covid-19 pandemic with 22 GW capacity sanctioned at renewable energy (RE) auctions in 2020. However, the capacity of domestic financial institutions to fund this energy transition has not remained unscathed. The RBI’s January 2021
Financial Stability Report indicates that gross non-performing assets of the banking system are set to rise from 7.5 per cent (of total advances) in September 2020 to 13.5 per cent by September 2021.

Related Keywords

India , ,Indian Renewable Energy Development Agency ,Centre For Energy ,International Platform For Sustainable ,Council On Energy ,Stability Report ,Energy Finance ,International Platform ,Sustainable Finance ,Funding ,Clean Energy ,Credit Enhancement ,Green Taxonomy ,Renewable Energy ,இந்தியா ,மையம் க்கு ஆற்றல் ,சர்வதேச நடைமேடை க்கு நிலையான ,சபை ஆன் ஆற்றல் ,ஸ்திரத்தன்மை அறிக்கை ,ஆற்றல் நிதி ,சர்வதேச நடைமேடை ,நிலையான நிதி ,நிதி ,சுத்தமான ஆற்றல் ,கடன் விரிவாக்கம் ,புதுப்பிக்கத்தக்க ஆற்றல் ,