CETFI partnered with the India INX in GIFT City Gujarat to discuss various new emerging models and financing structures with banks and financial institutions.
With India aiming to reach its 500GW target for renewable energy deployment, a 5 MMT pa target of green hydrogen production and other significant programmes in the areas of bio-gas & bio-fuels production, electric mobility, sustainable agriculture, waste management, air pollution, river rejuvenation and water resource management, the demand for capital is at unprecedented levels. All estimates point to a figure greater than USD 1 trillion.
To make such large amounts of capital available, will require introducing new financing structures and instruments. The Climate and Energy Transition Finance Initiative (CETFI) and India International Exchange, in partnership with Green Hydrogen Organisation and Bharat Technology and Impact Accelerator (Bharatia) hosted a Roundtable discussion with financial institutions registered in GIFT City, to discuss and present innovative structures and opportunities to finance high impact projects and platforms.
Ms. Hetal Kotak, Additional General Manager of India INX, inaugurated the session showcasing the various products and channels that the exchange offers to both investors and issuers.
Mr. Sanmit Ahuja, Founding Director-CETFI and MD & CEO of Bharatia, presented:
- New emerging structures for climate and energy transition finance
- Funding opportunities in India – projects and platforms (over USD 5bn)
- Trends on global investor appetite
Participants included representatives of International Financial Services Cenres Authority (IFSCA, GIFT City), Yes Bank, RBL Bank, Standard Chartered Bank, IndusInd Bank, Bank of Baroda, HDFC, Kotak Mahindra Bank and SBI.
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