(PTI)
State-owned India Infrastructure Finance Company Ltd (IIFCL) on Friday said it said it is open to explore green bond route to raise funds to finance renewal energy sector projects. “Our subsidiary called IIFCL Projects is a certifying agent for green bonds for India. So, we are already into the system. The question is how it will help us further the green initiative by issuing bonds. As long as the company is getting suitable funds to invest in such bonds of IIFCL managing director P R Jaishankar said.
Green bonds are just like any regular bond with a key difference that the money raised from investors is used to finance projects that have a positive environmental impact such as renewable energy and green buildings.
