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NEWS: IREDA, 4 others join energy efficiency body's funding platform.
from BUSINESS LINE, May 31, 2010 New Delhi, May 30 - Efforts to unlock the estimated Rs 74,000-crore energy efficiency investment market in the country has got a fillip, with IREDA, Power Finance Corporation, SIDBI, PTC India Ltd and HSBC India coming on board the Bureau of Energy Efficiency's proposed financing platform.
YES Bank is also in talks for possibly joining the Bureau's energy efficiency financing platform (EEFP), which aims to create a mechanism to provide non-recourse financing for demand side management programmes in all sectors by capturing future energy savings.
EEFP will provide instruments such as bankable Detailed Project Reports (DPRs) and other …
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