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Renewable firms call for NaBFID-like Green Bank

Financial Express Pune

|

January 26, 2026

Industry players say interest rate should be below 8%

- RAGHAVENDRA KAMATH

PRODUCERS OF RENEWABLE energy have sought a Green Bank on the lines of the National Bank for Financing Infrastructure and Development (NaBFID), to be able to access funding.

A tax advantage like NaBFID’s would help immensely, they feel.

Adedicated climate finance facility would channel private capital into green technologies — renewable energy, energy efficiency and electric vehicles — the industry believes. The idea is to allow the bank to raise funds through green bonds or pooled financing instruments.

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Alco-bev players not so chilled

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