India: L&T Sustainable Infrastructure

The Asia Infrastructure Investment Bank provided financing to L&T Infrastructure Finance Company Limited (LTIF), a subsidiary of L&T Finance Holdings Ltd. As an infrastructure financier, LTIF is the largest lender to greenfield renewable energy projects in India. It is now onlending or using the proceeds of AIIB financing to finance new solar and wind energy infrastructure projects in India, including a Vivid Solaire Energy wind power project (the Engie project) in the state of Tamil Nadu, India. The project is expected to contribute to greenhouse gas avoidance of around 990,000 tonne CO2 eq. per annum. These renewable energy projects will result in increased renewable energy capacity in India and help support the country's commitment to reducing its carbon intensity by 30%-35% of 2005 levels under the Paris Agreement.


We invest in projects that deliver environmental improvements and contribute to climate action. We invest in projects that look at how technology improves governance, value, quality, productivity, efficiency, resilience, sustainability or inclusion. We invest in connectivity projects that strengthen trade, investment and digital or financial integration. We invest in projects where we can catalyze the mobilization of private capital.