Tag: Tamil Nadu Infrastructure Fund Management Corporation

CHENNAI, Tamil Nadu: The Government of Tamil Nadu issued orders to set up the Tamil Nadu Green Climate Fund (TNGCF) worth ₹1000 crore to support climate change-related initiatives, greening projects, and mitigation. It is the first-of-its-kind fund in the country which will mobilise resources from the government, develop finance institutions, and international climate funds. The Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) Limited will manage the fund with a greenshoe option of another ₹1000 crore.

India’s first Green Climate Fund set up in Tamil Nadu worth ₹1,000 crore

CHENNAI, Tamil Nadu: The Government of Tamil Nadu issued an order to set up the…