"As part of it, we have partnered with USICEF to leverage these funds for the most promising, investment-ready distributed solar projects in India," PFS said in a release. PTC India Financial Services (PFS) has partnered with US-India Clean Energy Finance to raise funds for investment-ready solar projects in the country. The company said it will invest Rs 100 crore (USD $16.7 million) into a new fund that aims at providing finance and support to clean energy projects. India aims to have 40 GW in distributed energy by 2022.
PTC India Financial Services (PFS) has partnered with US-India Clean Energy Finance to raise funds for investment-ready solar projects in the country. The company said it will invest Rs 100 crore (USD $16.7 million) into a new fund that aims at providing finance and support to clean energy projects. India aims to have 40 GW in distributed energy by 2022.