Ministry of Power, has achieved a significant milestone by issuing its inaugural Japanese Yen (JPY) 61.1 billion green bonds under Global Medium Term Notes Programme.
Yen Denominated Green Bonds
REC Limited (formerly Rural Electrification Corporation Limited) is a Central Public Sector Undertaking under the Ministry of Power involved in financing projects in the complete power sector value chain from generation to distribution.It is registered with the RBI as a Non-Banking Finance Company (NBFC), a Public Financial Institution (PFI) and an Infrastructure Financing Company (IFC).
Green bonds?
A green bond is a fixed-income instrument designed to support specific climate-related or environmental projects.Green bonds may come with tax incentives to enhance their attractiveness to some investors. The phrase “green bond” is sometimes used interchangeably with “climate bonds” or “sustainable bonds.”
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We provide offline, online and recorded lectures in the same amount.
Every aspirant is unique and the mentoring is customised according to the strengths and weaknesses of the aspirant.
In every Lecture. Director Sir will provide conceptual understanding with around 800 Mindmaps.
We provide you the best and Comprehensive content which comes directly or indirectly in UPSC Exam.