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DCM ABFL Green Bond

Sector: Power Generation (CCGT) • Location: India

Source: International Finance Corporation (IFC)

Project
Active
     
    The proposed IFC investment involves supporting the renewable energy lending program of Aditya Birla Finance Limited (“ABFL” or the “Company”), a Systemically Important Non-Deposit Accepting Non-Banking Finance Company (NBFC) in India through an INR ECB loan or subscription to NCDs (green bonds) issued by the Company. The INR ECB loan wil

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The project “DCM ABFL Green Bond” is an infrastructure initiative in the Power Generation (CCGT) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

  The proposed IFC investment involves supporting the renewable energy lending program of Aditya Birla Finance Limited (“ABFL” or the “Company”), a Systemically Important Non-Deposit Accepting Non-Banking Finance Company (NBFC) in India through an INR ECB loan or subscription to NCDs (green bonds) issued by the Company. The INR ECB loan will be issued under Track III of RBI’s ECB guidelines. While the NCD issuance shall comply with SEBI (Indian regulator of the securities market) guidelines for green bonds. The proceeds of the issuance shall be on-lent by ABFL to solar projects in select states of India.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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