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L&T GreenBond

Sector: Manufacturing (Industrial) • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project involves the subscription by IFC to Non-Convertible Debentures issued by L&T Infrastructure Finance Limited (“LTIF” or the “Company”) for the purpose of financing solar energy projects in India. Established in 2006, LTIF is an established Non-Banking Finance Company classified as “Infrastructure Finance Company (“IFC”) by Reserve Bank of India, focused on financing of infrastr

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The project “L&T GreenBond” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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completed

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Description

Description

The proposed project involves the subscription by IFC to Non-Convertible Debentures issued by L&T Infrastructure Finance Limited (“LTIF” or the “Company”) for the purpose of financing solar energy projects in India. Established in 2006, LTIF is an established Non-Banking Finance Company classified as “Infrastructure Finance Company (“IFC”) by Reserve Bank of India, focused on financing of infrastructure projects, covering various sectors. LTIF offers a “one-stop” solution for all infrastructure financing including term loans, quasi equity/debenture subscriptions, non-fund based support, co-promoting projects etc.The proposed investment is consistent with the World Bank Group’s India Country Partnership Strategy as it aligns with the engagement areas of (i) Inclusion – by improving access to electricity (ii) Transformation – by reducing Greenhouse Gas (GHG) emissions through energy efficiency and renewable energy.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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