Call Us: +91-11-23073004, 23073042 | Mail:


IRFC raises $500 mn via Green Bonds

Staff reporter, New Delhi
12/12/2017   0 Comments

Indian Railway Finance Corporation (IRFC) announced that it has successfully raised USD 500 million by issuing 10 year green bond from investors in Asia, Europe and Middle East and offshore US.

Further to the communication, IRFC said that the proceeds of the bond are going to be used to finance Green Projects under Dedicated Freight Railway Line and Public Passenger Transport.

It is to be noted that the green bonds have been certified by the Climate Bond Initiative while the “Green Bond Farmework” formulated by IRFC has been verified by KPMG, Bureaucracy Today reports. 


Sign in with
Or procced without registration