Development Banks Loaned $1.4 Billion to Indian Solar Rooftops in 2017
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Various development banks made substantial concessional loans to assist the Indian government in its plans to expand solar rooftop installations in 2017. According to a new report by the Ministry of New and Renewable Energy (MNRE) latest, concessional loans of around $1,375 million (~₹88 billion) were made available to domestic money lenders this year.