USD 1 bn tripartite funding to speed up India’s drive to net zero emissions
The USD 1 billion fund's structure involves contributions from the World Bank (around USD 250 million -300 million) and ADB (USD 650 million), with SIDBI financing the remaining USD 100 million from internal sources and its global investor pool, under the supervision of Niti Aayog.
Tags : sidbi world bank amu leasing electric vehicles gdp net zero emissions NBFC ev & future mobility commercial electric vehicles ev fleet
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