India, UK to jointly invest $300m in green energy fund

India, UK to jointly invest $300m in green energy fund

Photo from Flickr, Flazingo Photos

India and the United Kingdom (UK) decided on Tuesday to jointly invest up to £240 million in an India-UK fund to finance India’s rapidly growing energy and renewables market. The fund aims to leverage private sector investment from London and is likely to raise around £500 million initially.

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