Tata Capital Secures Rs 1.3 Billion Green Climate Fund
ECONOMY & POLICY

Tata Capital Secures Rs 1.3 Billion Green Climate Fund

Tata Capital Limited (TCL), the flagship financial services arm of the Tata Group, has received a first-of-its-kind Rs 1.3 billion ($15.85 million) revolving fund from the Green Climate Fund (GCF) under the BEACON India Programme. The initiative also includes an additional $3 million (Rs 250 million) grant to support early-stage climate-tech start-ups and strengthen India’s green innovation ecosystem.

Announced on 3 November 2025, the collaboration marks a major milestone in India’s climate finance journey. The programme, implemented jointly with the Small Industries Development Bank of India (SIDBI) and TREC-STEP, is designed to make financing more accessible and affordable for entrepreneurs developing sustainable technologies.

The revolving nature of the $15.85 million facility ensures that repayments by start-ups are reinvested into new ventures, creating a self-sustaining financial mechanism. Tata Capital will also contribute $47.6 million (around Rs 4 billion) of its own funds to expand the initiative’s impact and scale.

The programme is expected to reduce over 1.1 million tonnes of carbon dioxide emissions and benefit nearly 2.9 million people through targeted climate mitigation and adaptation efforts. By combining strategic capital deployment with measurable sustainability outcomes, Tata Capital aims to strengthen India’s climate innovation and green technology ecosystem.

Rajiv Sabharwal, Managing Director and Chief Executive Officer of Tata Capital, said, “Tata Capital has always been committed to green initiatives for a sustainable future. Our partnership with the Green Climate Fund to strengthen India’s climate innovation network is another step in that direction. Through this programme, we aim to help emerging entrepreneurs scale their green technologies and make a measurable difference to people and the planet.”

This marks Tata Capital’s second collaboration with the GCF. The company was the first private sector participant from India to partner with the Fund in 2019 for rooftop solar financing. With this latest engagement, Tata Capital becomes the first Indian institution to partner with the GCF on two distinct climate programmes, reinforcing its position as a leader in green and sustainable finance.

Tata Capital, through its 1,500-plus branches across India, continues to serve a wide range of customers in retail, housing, SME, and corporate segments. Its financial portfolio includes consumer finance, clean technology funding, microfinance, debt syndication, and private equity services.

On 3 November 2025, Tata Capital’s share price opened at Rs 325.60 on the NSE, compared with the previous close of Rs 327.30. During the day, it touched a high of Rs 331.50 and a low of Rs 325.25, before trading at Rs 328.40 — up by 0.34 per cent.

The $16 million funding from the Green Climate Fund represents a transformative step for both Tata Capital and India’s broader climate-tech sector. By merging sustainability, innovation, and inclusive finance, Tata Capital continues to play a pivotal role in driving the nation’s green economic transition.

Tata Capital Limited (TCL), the flagship financial services arm of the Tata Group, has received a first-of-its-kind Rs 1.3 billion ($15.85 million) revolving fund from the Green Climate Fund (GCF) under the BEACON India Programme. The initiative also includes an additional $3 million (Rs 250 million) grant to support early-stage climate-tech start-ups and strengthen India’s green innovation ecosystem. Announced on 3 November 2025, the collaboration marks a major milestone in India’s climate finance journey. The programme, implemented jointly with the Small Industries Development Bank of India (SIDBI) and TREC-STEP, is designed to make financing more accessible and affordable for entrepreneurs developing sustainable technologies. The revolving nature of the $15.85 million facility ensures that repayments by start-ups are reinvested into new ventures, creating a self-sustaining financial mechanism. Tata Capital will also contribute $47.6 million (around Rs 4 billion) of its own funds to expand the initiative’s impact and scale. The programme is expected to reduce over 1.1 million tonnes of carbon dioxide emissions and benefit nearly 2.9 million people through targeted climate mitigation and adaptation efforts. By combining strategic capital deployment with measurable sustainability outcomes, Tata Capital aims to strengthen India’s climate innovation and green technology ecosystem. Rajiv Sabharwal, Managing Director and Chief Executive Officer of Tata Capital, said, “Tata Capital has always been committed to green initiatives for a sustainable future. Our partnership with the Green Climate Fund to strengthen India’s climate innovation network is another step in that direction. Through this programme, we aim to help emerging entrepreneurs scale their green technologies and make a measurable difference to people and the planet.” This marks Tata Capital’s second collaboration with the GCF. The company was the first private sector participant from India to partner with the Fund in 2019 for rooftop solar financing. With this latest engagement, Tata Capital becomes the first Indian institution to partner with the GCF on two distinct climate programmes, reinforcing its position as a leader in green and sustainable finance. Tata Capital, through its 1,500-plus branches across India, continues to serve a wide range of customers in retail, housing, SME, and corporate segments. Its financial portfolio includes consumer finance, clean technology funding, microfinance, debt syndication, and private equity services. On 3 November 2025, Tata Capital’s share price opened at Rs 325.60 on the NSE, compared with the previous close of Rs 327.30. During the day, it touched a high of Rs 331.50 and a low of Rs 325.25, before trading at Rs 328.40 — up by 0.34 per cent. The $16 million funding from the Green Climate Fund represents a transformative step for both Tata Capital and India’s broader climate-tech sector. By merging sustainability, innovation, and inclusive finance, Tata Capital continues to play a pivotal role in driving the nation’s green economic transition.

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