L&T Finance arm gets $100 million from AIIB for green energy funding
- Asian Infrastructure Investment Bank (AIIB) Friday has announced that it will provide USD 100 million in loans to L&T Infrastructure Finance Company for on-lending to wind and solar power infrastructure projects in India.
- This is the first loan from AIIB to a non-banking finance company.
Points to remember:
- What amount of loan from AIIB L&T Infrastructure Finance Company for green energy funding?
- AIIB’s first loan to a non-banking finance company to which company?- L&T Infrastructure Finance Company
- AIIB headquarters?- Beijing, China