He said the bank is looking to maintain its growth rate at around 10-15 per cent in the current and the following fiscal year.
Speaking at the 'Business Outreach Programme For Solar Projects under India's Lines of Credit' organised by the Exim Bank, Ministry of External Affairs and the International Solar Alliance, he said the solar energy sector is growing at a rapid scale and technology can help devise better storage methods.
He said the solar technology has grown rapidly over the last ten years from just a share of less than a per cent of global solar energy installed capacity of 0.8 per cent to over 14 per cent achieved in 2017.
"This exponential growth points to the potential of the solar sector. We are in a situation where the goal is very much is in sight and the finance is available. It is only will and push. As the special purpose vehicle of the government, Exim Bank looks forward to PPP and other facilities in solar sector," he added.
The programme saw participation from a number of destinations, including African countries who have interests in solar projects.
In 2017-18, Exim Bank approved loans aggregating Rs 978.26 billion, while disbursements were Rs 685.35 billion.
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