Monday 22 September 2008

Indian National Bank for Agriculture and Rural Development ventures into solar power.

As reported in the Financial Express, India, the state-run National Bank for Agriculture and Rural Development (Nabard) is seeking to emulate the work of Ashden Award winner Aryavart Gramin Bank.

The state-run National Bank for Agriculture and Rural Development (Nabard), in a serious bid to give a much needed push for solar power projects, proposes to share 50% of the cost of installation upto a maximum of 20 demonstration solar power project units at important places. In addition, Nabard will extend support to the regional rural banks and cooperative banks for conducting awareness campaigns and organising credit camps at Rs 1,000 per campaign for a maximum of 20 programmes.
Read the full story here

The Aryavart Grameen Bank team:

No comments: