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Aiib To Provide $100M Loan To L&t Infrastructure Finance | Business Standard News

by business-standard.com posted 6days ago 10 views
Loan proceeds to be used to lend to wind, solar infrastructure projects in India. : The Asian Infrastructure Investment Bank (AIIB) will gve a $100-million loan to L&T Infrastructure Finance Company for wind and solar infrastructure projects in India. This is the first time AIIB is extending a loan to a non-banking finance company. “The Asian Infrastructure Investment Bank’s latest project will increase the supply of renewable energy in India by mobilising private capital,” AIIB said in its statement.