PMO steps in to ease supply of credit for green energy firms2 min read . Updated: 30 Sep 2019, 12:45 AM IST
- The PMO has asked NITI Aayog to assess the situation after debt financing for green energy projects dried up
- Deterred by rock-bottom tariffs and viability of projects, banks are wary of lending to developers
New Delhi: The Prime Minister’s Office has intervened to help ease credit supply to renewable energy firms, as the government moves to ensure that India’s efforts to emerge as a clean energy champion are not undermined by a lack of access to funds.
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