IRFC Green Bonds: Financing India's Sustainable Rail Future; First green bond by an Indian railway entity on an international platform
IRFC Green Bonds: Financing India's Sustainable Rail Future First green bond by an Indian railway entity on an international platform Overview 2 Purpose & Impact 3 Railway Electrification 3 Energy-Efficient Infrastructure 3 Dedicated Freight Corridors 3 Investor Reception 4 Regulatory & ESG Alignment 4 Strategic Significance for Bharat 4 Current status of IRFC’s USD 500 million Green Bond, issued in December 2017 with a 10-year tenor: 5 Maturity Date 5 Interest and Redemption 5 What Happens Next 5 Recent Developments at IRFC 5 Looking Ahead 5 Proceeds Deployment & Purpose Fulfillment 6 Earmarked Green Projects 6 From the outset, the bond proceeds were committed to "Eligible Green Projects", certified by the Climate Bonds Initiative, including: 6 Management & Tracking of Funds 6 Segregated & Audited 6 Annual Reporting 6 Actual Impact & Progress 6 Summary Snapshot 7 Takeaway for Bharat 7 How Will IRFC R...