The Indian government is focused on achieving a greater share of renewables in the energy mix and has set ambitious targets for the same. With these ambitious targets in place, execution becomes a critical factor. The two major aspects required to transform India’s economy into a green economy include building capacity for increasing both foreign and domestic financial investment and ensuring innovation in its distribution.

The present report focuses on the financing aspects of clean energy projects in India with the help of substantial evidence and examples. Based on a primary survey of financial institutions such as banks and non-banking financial institutions (NBFC’s), the report enables its readers to comprehend the funding mechanism under renewable energy projects in India and its regulatory framework. Additionally, the report also emphasizes on the sources and the instruments adhered to by financial institutions for disbursement of funds.