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India One of the Top Ten Green Bond Markets
August 02, 2017
With a total issuance of $4 billion, India has emerged as one of the top ten green bond global markets, a recent report by Energy research firm Bridge to India said. This was largely contributed by Azure and Greenko which together raised $1.5 billion in two weeks.
Other companies that have raised money through green bonds include Axis Bank, IDBI Bank, Rural Electrification Corporation (REC), ReNew Power, etc.
It’s worth noting that India and China alone are a $4 trillion investment opportunity for the energy industry, as per Bloomberg New Energy Finance (BNEF).
