Notes: The Government of India (GoI) and the United Kingdom (UK) have decided to set up a fund worth £240 million to finance clean energy projects in India. This will be known as the Green Growth Equity Fund (GGEF), which will be sub-fund of National Investment and Infrastructure Fund (NIIF). The purpose of joint UK-India fund is to leverage private sector investment from the City of London to finance India’s infrastructure projects and is likely to raise around £500 million initially. It will focus initial investments in India’s rapidly growing energy and renewable market. The NIIF was formed in 2015 to finance greenfield as well as brownfield projects.