IFC helps to develop world’s largest single site solar project In India

India’s plans to implement ultra mega solar power projects have received a very major boost following a commitment from the International Finance Corporation (IFC), a member World Bank Group, to the Madhya Pradesh Government in order to develop the world’s … Continue reading

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Renewables Will get Bulk of IFC Funding in India

Investing in clean energy for most of its approximately $700 million in infrastructure funding in India is the prime agenda of  International Finance Corp., the World Bank’s private lending arm. Renewable energy is more than a third of IFC’s infrastructure portfolio … Continue reading

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Yes Bank Raises Rs 315 Crore from IFC through Green Infrastructure Bonds

YES BANK, India’s 5th largest Private Sector Bank has raised INR 315 Crore through the issue of Green Infrastructure Bonds to International Finance Corporation, Washington, member of World Bank Group on a private placement basis. This is the first investment … Continue reading

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IFC Invests $35 million in PFS India towards Clean Energy

The International Finance Corp (IFC), the private financing arm of the World Bank, on Wednesday said it has subscribed to $35 million worth of 10-year non-convertible debentures issued by PTC India Financial Services (PFS) to boost long-term financing for renewable … Continue reading

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IFC to focus on Renewable Energy in the Indian Power Sector

The International Finance Corporation (IFC), part of the World Bank Group, is refocusing its power sector investment strategy and would soon invest in renewable and hydropower projects in India. It has made equity and debt investment in wind and solar segments … Continue reading

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Record Funding of $30 Million in ACME Solar via IFC to execute 100MW Solar Project in India

ACME solar geared up to setup 100MW solar project under National Solar Mission umbrella after it bragged a funding of Rs 202 Crore  from International Finance Corporation (IFC).  The project were earlier allotted to the company in the auction of … Continue reading

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For solar projects in developing nations IFC collaborates with Chint group

World Bank’s International Finance Corporation (IFC, Washington D.C.) has signed a memorandum of understanding (MOU) with the Chint Group (Beijing) to build solar projects and manufacturing plants in developing nations around the world. Read more here.

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