<h1>India Secures $5.19M IBRD Grant to Boost Energy Efficiency in MSMEs via Enhanced Investment and Capacity Building.</h1> India has signed a grant agreement with the International Bank for Reconstruction and Development (IBRD) for USD 5.19 million to provide additional financing for the Energy Efficiency at MSMEs Project. The agreement was signed by representatives from the Indian government and the World Bank, with officials from the Ministry of Environment, Forests and Climate Change, Bureau of Energy Efficiency, and Small Industries Development Bank of India present. The project aims to enhance energy efficiency in micro, small, and medium enterprises by increasing investment demand and building capacity for accessing commercial finance. The additional financing will support scaling up initiatives and bridging gaps among stakeholders.