Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to 1.5 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Azure Power Ltd

Azure Power Energy Ltd, a wholly owned subsidiary of Azure Power Global Limited, a leading independent solar power producer in India, has issued an inaugural USD 500 million Green Bond offering, maturing in 2022. The Bond is the first solar green bond to be offered by a company with only solar power assets out of India. 

 

 DATE OF ISSUANCE SIZE  TENOR  COUNTRY OF ISSUANCE CLIMATE BONDS SECTOR CRITERIA VERIFIER REPORT ANNUAL REPORT FUTHER INFORMATION
August 2017  USD 500m 5 years  India  Solar

EVI pre issue report

post issuance report

 Annual Reports will be available on Azure Power Ltd's website

Press release

Green Bond Framework

Azure Power website
September 2019 USD 350.1m 5 years India Solar pre issuance statement   Press Release