SBI gets $625 mn from World Bank for solar power
The State Bank of India and the World Bank have signed agreements for a $625 million (around ₹4,200 crore) facility to support Grid Connected Rooftop Solar Photovoltaic (GRPV) programmes in India. This will help finance GRPV projects at competitive rates, SBI said. Eligible beneficiaries would be developers, aggregators, and end-users, especially for commercial and industrial rooftops, it added.