The World Bank on Thursday committed $1 billion (about Rs 6,750 crore) to support India’s solar energy programme.
India aims to reduce dependence on conventional energy sources to cut greenhouse gas emissions.
“As part of our $1 billion solar commitment to India, we signed an agreement for a $625-million grid-connected rooftop solar programme. The project will finance the installation of at least 40 MW of solar photovoltaic installations,” World Bank president Jim Yong Kim said.
Published 30 June 2016, 21:08 IST