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World Bank’s MIGA Supports India’s Solar Refinance
📅 Published 22 Feb 2026 · February 2026
World Bank’s MIGA Supports India’s Solar Refinance
Guarantee Amount: USD 197.67 million
Purpose: Support refinancing of SBI’s investments in rooftop solar projects
Background:
SBI’s GRPV program launched in 2016
Facilitates additional World Bank financing capacity
Enhances India’s renewable energy infrastructure
📝 Relevant Exams:
UPSC