Govt homes in on Rs 25,000 crore projects for green financing

The government has identified projects worth ₹25,000 crore

[{"selector":"#anim-648e7f59-5ca2-48d6-b402-76b7c4c5421b","keyframes":[{"offset":0,"transform":"translate3d(0, -581.22596%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -163.440739952%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -55.565201776%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -20.866011964000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -9.067124975999999%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}]

The government had announced plans to raise ₹16,000 crore

[{"selector":"#anim-a114cb85-e934-4f21-8e82-a08de45b4f2b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3a8e7192-9f83-48c3-956d-24347bcc5408","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2131f00-cc5e-48db-ad23-53af1752ad5a","keyframes":{"transform":["translate3d(0px, 55.61752%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1434b3b-6ad0-4a9a-80c1-b422a69ca4b2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8aabf7ac-01f6-4c4e-bd52-b7a3f5e4486b","keyframes":{"transform":["translate3d(0px, 139.29051%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Through These green bonds in two equal tranches in the current fiscal

[{"selector":"#anim-250c2907-fd3d-4722-82d3-ed810b0774dd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-50.64941396792514%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9ed401e4-75c2-44e9-a1d2-3ab77d95b2db","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1026e51d-f993-4b85-8f72-978e15836db2","keyframes":{"transform":["translate3d(0px, 43.99016%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7d99b0b3-8f3d-459a-af40-1cab943e7c1d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8898a70b-0f9c-40ac-b2af-67e383a440f8","keyframes":{"transform":["translate3d(0px, 141.48827%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Government had announced plans to raise Rs 16,000 crore through green bonds in two equal tranches in the current FY

[{"selector":"#anim-e930aab0-3c7e-40c4-a468-839a4c4b306a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.51041655289239%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-48a6067d-1f2e-417e-aa9a-aadf990bfc3e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-506831f9-251f-4b32-ac45-5d097e57ad0e","keyframes":{"transform":["translate3d(0px, 30.91421%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fc1daca-9b56-4ee5-a105-aa66679557e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58a7b7bb-7f39-4c77-b7b5-785376dc8f91","keyframes":{"transform":["translate3d(0px, 118.66415%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

In January drew a robust response, with orders exceeding the offer size of ₹8,000 crore by more than four times

[{"selector":"#anim-e3f6b1c8-454b-4251-a053-68a4ac711355 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.2792967614035%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2396f235-f11f-48a0-a643-d8d526c15838","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d53ca992-c5da-4695-bfce-35fab5943cdf","keyframes":{"transform":["translate3d(0px, 50.22718%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec4053ac-63a5-4805-a89f-6675a3c10f57","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-994409b7-7d89-4584-a38c-d0204038da0b","keyframes":{"transform":["translate3d(0px, 106.87064%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The projects already identified for green financing are largely in renewable energy

[{"selector":"#anim-74f67573-17ab-4d5a-901f-6601ccf68322 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6d3cbcef-23d6-4cf4-aee6-b3b3482d164e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0184228e-d3b8-4ac9-bab9-dd73d4eb1a1f","keyframes":{"transform":["translate3d(0px, 139.31625%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Green finance working panel is mandated to select the projects from the proposals submitted by various government departments

[{"selector":"#anim-d6fa1319-42f5-4d19-a570-c5dd92665c08 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-2.6782225426535007%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-93e3e0fb-55f6-4227-92ef-2b2a86466ee3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d550ad57-6d77-472e-9c2c-4cc00b0a6eb7","keyframes":{"transform":["translate3d(0px, 49.85542%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-664e2db6-1e19-425a-aa35-ac8527251adb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-08f13a06-2a7f-41a0-9372-b257bb681fb0","keyframes":{"transform":["translate3d(0px, 122.14343%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The decision was approved by the Union Cabinet at a meeting held

[{"selector":"#anim-161d15cd-a9c2-409e-8f55-7fa981d0230a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-82342ee2-4094-4041-8576-cb4955ee7fc2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41a3b112-9d16-487c-9a50-59cad258e41f","keyframes":{"transform":["translate3d(0px, 119.75310%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

has been mandated to select projects from the proposals 1

[{"selector":"#anim-4a6cd639-1690-427d-bd6f-bee732eda561 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.569017451278963%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3de36a7b-8f1a-4198-b109-b90488b68eaf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f6f08ce-9b86-4047-9c66-24423bfa41c1","keyframes":{"transform":["translate3d(0px, 161.73656%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Next fiscal's green bond issues are likely only in the second half of the year, after closely watching utilisation

[{"selector":"#anim-c752a45c-0854-4366-b6a7-affe5909dd78 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-03819c96-c34f-48e4-850c-ce0fbff58900","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15049c1b-2cd7-4b85-a519-cbd3098f05cf","keyframes":{"transform":["translate3d(0px, 111.17570%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

FOR LATEST ARTICLE VISIT OUR HOME PAGE

[{"selector":"#anim-aa5cc032-9f90-481c-ab8c-5d3008ed00d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(15.416666424531686%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5044e850-064f-402d-805c-38c054aafdf3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-145d941d-4019-4689-81cd-be1496f97da6","keyframes":{"transform":["translate3d(0px, 1059.14994%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

IF YOU LIKE OUR STORY PLEASE SHARE THIS

[{"selector":"#anim-bb737bcb-9d8b-45ee-b4d3-dc7884570fe6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.4374998293386%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-8d62e97a-de78-40c6-9e87-372cf20e6daf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c4ed500-f056-46fb-8a83-5ed9160dc9c4","keyframes":{"transform":["translate3d(0px, 192.59256%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]