Question
To ensure availability of low-cost funds for renewable energy projects, Government of India raised sovereign green bonds of ₹16,000 crore (approximately) during FY23 out of which _____ were dedicated for renewable energy.
Solution
To ensure availability of low-cost funds for renewable energy projects, Government of India raised sovereign green bonds of ₹16,000 crore (approximately) during FY23. Out of the proceeds of sovereign green bonds, ₹6,186 crore were dedicated for renewable energy.
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