In the new financial year 2024, the government will issue green bonds worth 23,000 crores

-


New Delhi: In the financial year 2024, the central government will spend Rs. 23,764.46 crore sovereign green bonds can be issued. This information is derived from the Expenditure Profile documents of the Union Budget 2023. Compared to that, in 2023 Rs. 16,000 crore green bonds were issued.

The green bonds will be issued in the second half of fiscal 2024 (October 23 to March 24), officials are yet to finalize the list of projects for the sovereign green fund. Options are open to issue some bonds under finalization and during the first half (March-September 2023).

The Infrastructure Finance Secretariat has been asked to identify projects that meet the criteria for green bond funding in FY 2024. According to the plan presented in the budget documents, most of the green bonds will be for making electric locomotives for railways (Rs 12,479 crore) and the new Kolkata Metro line.

Ministry of Energy for various schemes Rs. 7,507.5 crore will be received. While the Ministry of Housing and Urban Development for equity investment in various metro rail projects Rs. 2,609 crore will be received. The Ministry of Environment will get Rs. 169 crore. However, this is a tentative plan and some more projects may be added or some may be dropped, sources said.

The amount of green bonds to be issued in the first half of FY2024 will not be announced immediately, as was done in the second half of FY2023. In such a scenario, in the first half of FY 2024, any new green projects will come from new green bonds only.

As per the green bond framework released by the central government in November last year, the proceeds from the issuance of green bonds will be deposited in the Consolidated Fund of India as per regular treasury policy and then allocated to appropriate green bonds.

Comments

Post a Comment

Popular posts from this blog

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

Detailed information about the descalant sulfamic acid

-
Image
- Industrial guidance-long description Boiler scale: When hard water is heated or evaporated inside the boiler walls and tubes, the calcium carbonate, calcium sulfate or other minerals in the hard water are deposited on the boiler walls or tubes after the water is evaporated. If this boiler scale is not removed from the boiler, the life of the boiler ends. That is why soft water is used in most boilers. (treated to remove calcium and magnesium ions before use). Hard water: Hard rock type soils will rot over a long period of time if the water does not contain low percentages of calcium, magnesium carbonate, bicarbonate sulfate or chloride. Degree of Hardness: Grains per gallon or parts per million (ppm) of calcium to measure water hardness. (1 grain of cac03 per gallon is equal to - 17-1 ppm) Up to 5 grains is considered soft water. More than 30, grains is very hard water. The impurity shown above can produce boiler scale. Also can make metal coossive. The temporary hardness can b
Read more