World Bank offers $1 billion aid for India’s solar projects

  • Support for India’s ambition solar generation plans 
  • Bank’s largest financial support for any country 
  • The project include
  1. Solar rooftop technology. 
  2. infra for solar parks 
  3. innovative solar & hybrid technologies to market 
  4. transmission lines for solar-rich states 
India
’s plan to virtually triple the share of solar energy by 2030

International Solar Alliance &World Bank

  • Signed an agreement to be the financial partner for this Group
  • Aim is to increase solar energy use around the world through collaboration
  • The alliance consisting of 121 countries led by India
This alliance can set its goal of mobilizing$1 trillion dollars in investment by 2030

Other support by World Bank to India

  • Smart cities 
  • Ganga Rejuvanation 
  • Skill Development
  • Swatch Barath
  • Power for All

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