The project will be backed by International Finance Corporation (IFC) Mahindra Renewables Private Limited (MRPL), a wholly owned subsidiary of Mahindra Group (worth $20.7 billion) cleantech arm Mahindra Susten Private Ltd (MSPL) is planning to invest around $171 million to set up a 250 mega watt (MW) solar power project in Rajasthan. The project will […]
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International Finance Corporation plans to make a debt investment of $36 million (about Rs 260 crore) in Mahindra Renewables Pvt. Ltd to help the company develop a solar power project. IFC may also separately help the wholly owned unit of Mahindra Susten Pvt. Ltd mobilise a syndicated loan of $93 million, the World Bank’s private-sector […]