Economy, Banking and Finance · 20 January 2026
Ireda Global Green Energy Finance IFSC Ltd (IGGEFIL) sanctions USD 22.5 million green loan to Swarna Solar for 100 MW Zambia solar project.
Exam-focused facts from the 20 January 2026 current affairs briefing.
Key facts
- Ireda Global Green Energy Finance IFSC Ltd (IGGEFIL) approved its first international loan of USD 22.5 million during the board meeting held in New Delhi.
- The loan will finance Swarna Solar Limited's development of a 100 MW Photovoltaic Solar Power Plant in Serenje District, Central Province, Zambia.
- IGGEFIL is a wholly-owned subsidiary of Indian Renewable Energy Development Agency Ltd (Ireda).