The Asian Infrastructure Investment Bank (AIIB) has committed up to INR7.3 billion (approximately $88 million) to support India’s renewable energy ambitions through the ENGIE Solar Power Project. This significant investment is part of a co-financing effort with the Asian Development Bank (ADB) aimed at developing, constructing, operating, and maintaining a 400 MW solar photovoltaic (PV) plant in Surendranagar, Gujarat.