The government is considering measures to make green and blue bonds attractive to investors, including changes to the pricing regulations and ways to deepen the bond market. The move is aimed at giving a big push to sustainable green financing of projects, said a senior official. The NITI Aayog has been tasked to look at … Read more
India may sell as much as Rs 25,000 crore ($3 billion) of green bonds in the next fiscal year and plans to include longer maturity debt to the offering, according to people familiar with the matter. There is a demand for papers of 30- to 40-year tenor, particularly from insurance companies, to fund projects with … Read more
Green Bonds are fixed-income instruments issued for the specific purpose of funding projects that have constructive environmental and or climate benefits. Like any typical coupon-bearing debt instrument, they have a specified end objective for using the funds raised. The bond issuer is bound to exclusively utilise the proceeds to finance eco-friendly ventures or assets such … Read more
MUMBAI: Vector Green Energy, a PE backed firm, is raising about Rs 1,200 crore via green bonds in the domestic market as it plans to retire high-cost debt and add capacity. If the proposed sum is raised in one tranche, it could well be India’s largest local green bond sale by a triple-A rated entity. … Read more