State Bank to finance 100 MW of grid-connected solar rooftop projects

SBI has announced that it will provide Rs 4 billion to private developers to finance 100 MW of grid-connected rooftop solar projects in India. Financing is being provided by SBI under a World Bank programme, signed in May 2016. Developers benefiting from the programme include Azure Power, Amplus and Cleanmax. The capacity of the projects and programmes financed range from 25 kW to 16 MW.

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