state bank of india

The State Bank of India (SBI) has signed agreements with the World Bank for a US$625 million facility specifically to support India’s grid-connected rooftop solar programme.

The World Bank has approved a US$625 million loan for the Indian government’s grid-connected rooftop solar PV programme, along with a co-financing loan of US$120 million on concessional terms and a US$5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund.