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EIB TO FINANCE GREEN HYDROGEN IN INDIA WITH ONE-BN EURO
The Business Guardian
|July 14, 2023
The Agra Metro project, one of the six transport projects supported by the EIB in India, is backed by a 250-million-euro loan from the bank
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The European Investment Bank (EIB), headquartered in Luxembourg, has expressed its interest in providing 1 billion euros in financing for the development of green hydrogen and renewable energy projects in India. In a statement, the EIB announced that Vice-President Kris Peeters would be visiting India for a four-day business trip to enhance collaboration with the Indian public and private sectors and discuss the EIB’s support for clean energy investment and transportation in the country.
As the lending institution of the European Union member states, the EIB aims to strengthen its commitment to future investments under the EU-India Connectivity Partnership, aligning with the European Green Deal and the EU Global Gateway strategy, according to the statement.
Cette histoire est tirée de l'édition July 14, 2023 de The Business Guardian.
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