The time is ripe for green bonds

Budget 2022 is strong on infrastructure spending, with the overall government capex planned to go beyond Rs 10 trillion, or more than 4 per cent of GDP, in FY2023. Innovative financing mechanisms such as blended finance and impact capital have been instituted to crowd-in private investments. Another timely idea is the issuance of sovereign green

IOC, Praj Industries to partner in exploring opportunities for green transition

Indian Oil Corporation (IOC) and Praj Industries have inked an MoU to explore opportunities to fast-track India’s transition to cleaner and greener sources of energy by exploring avenues such as the production of Alcohol to Jet (ATJ) fuels, 1G and 2G Ethanol, Compressed Bio-Gas (CBG) and related opportunities in the bio-fuels industry. Exploring these green