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(From left to right): E. S. Rao, Director & CEO, IAMCL, S.B. Nayar, Chairman and Director, IIFCL, and Manpreet Anand, Acting Mis
June 30, 2015

June 30, 2015, New Delhi: In an effort to scale up India’s renewable energy capacity, the U.S. Agency for International Development (USAID) today signed a memorandum of understanding (MOU) with IIFCL Asset Management Company Ltd. (IAMCL) to provide technical assistance for increasing investment in renewable energy in the country by $665 million. The MOU was signed by Manpreet Anand, Deputy Assistant Administrator, USAID Asia Bureau, and E. S. Rao, CEO of IAMCL at their office in New Delhi.

As part of the agreement, USAID will provide technical assistance to IAMCL to enhance its institutional capacity to access financial resources from a new class of institutional investors in international markets. The focus of the activities will be on designing, developing, and deploying innovative financing mechanisms that will improve funding for India’s renewable energy sector. In particular, USAID will assist IAMCL in the creation of Green Bonds and Infrastructure Debt Fund-Mutual Fund worth $665 million.

November 18, 2014

The United States Under Secretary of State for Civilian Security, Democracy, and Human Rights Sarah Sewall announced a new award of $3.2 million to increase access to quality preventive, primary, and secondary health care, with a focus on maternal and child health and tuberculosis, for Tibetan refugees living in India and Nepal. The announcement was made on Saturday, November 15, during her visit to Dharamsala to discuss Tibetan refugee issues.

November 3, 2014

India and the United States today signed the Statement of Guiding Principles on Triangular Cooperation for Global Development.  The Statement was signed by Kumar Tuhin, Joint Secretary, Ministry of External Affairs of India and John A. Beed, Mission Director for the United States Agency for International Development (USAID) in India.

October 28, 2014

Chargé d’Affaires Ambassador Kathleen Stephens extended her deepest sympathies on behalf of the American people to the peopleof Andhra Pradesh and Odisha who have been affected by recent Cyclone Hudhud, especially the dozens of families who have lost their loved ones. 

September 16, 2014

On behalf of the American people, Chargé d'Affaires Ambassador Kathleen Stephens today extended her deepest sympathies to the people of Jammu and Kashmir who have been affected by the recent flooding, especially the hundreds of families who have lost loved ones.

August 28, 2014

The U.S. Agency for International Development (USAID) and Bombay Chamber of Commerce and Industry (BCCI) hosted the first national consultation on public-private partnerships to promote forest conservation.

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Last updated: June 30, 2015

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