You are here

NSL Power to invest $45 mn to set up windfarms in Maharashtra

By : Sustainability ..., Dec 17, 2013

 NSL Power, which plans to invest $45 million to set up new wind farms in Maharashtra, is planning to raise around $15.75 million from the International Finance Corporation.

NSL Renewable Power Private Limited is the ‘Sponsor’ for Jath Wind Energy Private Limited. IFC...

Read more..

World Bank 'gambling assets' by investing in private water firms

By : Sustainability ..., Oct 7, 2013

Civil society groups are pressuring the World Bank to disinvest from private water companies, saying that privatising ownership and management of this natural resource has failed to improve access to clean drinking water.

The World Bank is subsidising private...

Read more..

Attero Launches Clean E-India Environment Month E-waste Collection Drives

By : Sustainability ..., Jun 7, 2013

While in 2011 urban infrastructure development was allocated 0.7% of GDP, some studies have shown that this spending needs to be increased to at least 1.1% by 2031-32 .Attero has launched a month long series of E-waste Collection Drives as part of its Environment Month...

Read more..

ACME Energy to raise $50 million from IFC

By : Sustainability ..., Apr 19, 2013

Acme Energy will raise around $50 million from International Finance Corporation (IFC). The proposed fund raising is to support company's plan to develop a 25 MW solar plant in Madhya Pradesh.

According to IFC, it is considering an overall senior debt facility...

Read more..

IFC may lend $34.3M to SEI Solar, $40M to PE-backed PTC India Financial Services

By : Sustainability ..., Nov 20, 2012

SEI Solar is majority owned by a South Korean arm of China’s CHINT Solar (Zhejiang) Co; IFC had last year also lent $50M to PTC India Financial Services.

International Finance Corporation (IFC), the private sector investment arm of the World Bank, is ramping up its...

Read more..

Now, an ultra mega solar power project in Gujarat

By : Sustainability ..., Jul 31, 2012

With renewable energy the in thing nowadays, the state government is exploring the possibility of setting up a 1,000 MW solar power project. The government has initiated talks with International Finance Corporation (IFC), a World Bank arm, seeking its support for the project...

Read more..

IFC: No Plan to Cut Back on Funding Projects in India

By : Sustainability ..., May 28, 2012

International Finance Corporation, the World Bank’s private-sector lending arm, has no plans to cut its business in India despite a sharp slowdown in the local economy, as it bets on the country’s long-term growth potential to fetch attractive returns on its investments, a...

Read more..

Rural women in Gujarat get energy-efficient products

By : Sustainability ..., May 25, 2012

International Finance Corporation (IFC), a member of the World Bank Group, is helping Ahmedabad-based Self-Employed Women's Association (SEWA) provide energy-efficient cook stoves and solar lanters to its members. IFC will provide a partial credit guarantee for a $5 million...

Read more..

GEF, IFC to invest $11.5m in Kalki Communication

By : Sustainability ..., Mar 28, 2012

 

International Finance Corporation (IFC) and a fund managed by Global Environment Fund (GEF) are looking to invest $4.5 million in energy efficiency firm Kalki Communication Technologies Pvt Ltd. The deal would also include another $7 million investment for the second...

Read more..

IFC To Invest $55M In Solar Power Co; Debt Funding Also On The Cards

By : sustainabilityo..., May 25, 2011

International Finance Corporation (IFC) is looking to invest $55 million to pick 15 per cent equity stake in an upcoming solar power development company which is sponsored by US-based SunEdison LLC. It has a pipeline of grid-tied solar PV projects in India and Thailand, with...

Read more..