KfW credit line to NHB fully utilized

Posted on . Filed under EnvironmentalUseful Articles. Be the first to comment.

Due to the successful implementation and the increasing publicity of the Energy Efficient Homes Programme,  the National Housing Bank (NHB) has refinanced energy efficiency loans of a total value of €50 million. The credit line provided by the German KfW Development Bank to NHB, under the Promotional Programme for New Energy Efficient Residential Housing, the backbone of the EE Homes Programme, has now been fully utilized. So far 15 Indian construction projects with more than 440 individual buildings were evaluated and certified in terms of energy efficiency. The programme thus achieves emission savings of up to 37,000 tons of CO2. Given the momentum of the promotional incentive scheme NHB decided to continue the programme and further refinance primary lending institutions offering loans for buyers of certified energy efficient apartments.


Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.