IME goes green

Global IME Bank which gives loans for renewable energy projects at affordable interest rates signed an agreement with Prime Power Ltd for a 30MW solar power project in Kapilvastu to be connected to the national grid, the largest project by capacity of its kind. The project will be connected to the national grid. The bank is also partnering with the University of Innsbruck in Austria under the SWITCH Asia Grant Program to promote the construction of sustainable houses. IME has been providing a ‘Green Home Loan’ for customers looking to build, modify, or renovate buildings.