NABARD signs an agreement with GCF to fund rooftop solar projects

The National Bank for Agriculture and Rural Development (NABARD) has signed an agreement worth Rs 7,130 million with the Green Climate Fund to support private sector initiatives for the creation of rooftop solar energy across India. The assistance is part of a Rs 16,301.25 million project for the development of 250 MW of solar projects, executed by Tata Cleantech Capital Limited and the National Implementing Entity for the United Nations Framework Convention on Climate Change, which supports the efforts of developing countries to respond to the challenge of climate change.

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