SIDBI, AFD Sign $100mn Pact To Boost MSME Green Finance Updated On Tue, Feb 18th, 2025 by Saurenergy Small Industries Development Bank of India (SIDBI) and AFD, France have signed a USD 100 million credit facility agreement (CFA) to scale up Green Finance solutions for Indian micro, small, and medium enterprises (MSMEs). This partnership aims to support sustainable growth and drive the transition towards a low-carbon economy. Under this agreement, AFD would provide […] Read more
Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR Updated On Thu, Sep 7th, 2023 by Saurenergy Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
