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FM: India has pledged unequivocal commitment for furthering the cause of New and Renewable Energy;

News and Press Release - Dated:- 2-11-2017 - International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) sign Joint Financial Partnership Declaration to deepen the cooperation in support of Renewable Energy. The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) signed here today the Joint Financial Partnership Declaration in the august presence of the Union Minister of Finance and Corporate Affairs, Shri Arun .....

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France to India and Sir Suma Chakrabarti, EBRD President were also present. Speaking on the occasion, the Union Finance Minister, Shri Arun Jaitley said that India has been in the forefront of the 42 nation International Solar Alliance. He said that India under the leadership of Prime Minister Shri Narendra Modi has pledged unequivocal commitment for furthering the cause of New and Renewable Energy since the Paris COP21 UN Climate Change Conference. Shri Jaitley said that our energy requirement .....

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tives of getting better Technology; aiding easier costing to improve affordability of Solar Energy. The Finance Minister Shri Jaitley urged both the signing parties to go in for innovation of New and Dynamic Mechanism for credit enhancement and risk mitigation in solar sector. Citing the first Financial Partnership collaboration of ISA with the World Bank, Shri Jaitley urged that more and more multilateral and development banks should come forward and join hands with ISA in help fulfilling the o .....

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nd other countries. He also stated that more such financial partnership deals shall be signed by the ISA in near future to achieve its mandate in a proper and effective manner. Speaking on the occasion, Sir Suma Chakrabarti, EBRD President stated that this is a very important agreement for the EBRD, which has always been eager to share its expertise with new partners and also to learn from them. He said that with the ISA, we share the vision of sustainable development and of green energy, which .....

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