Imad N. Fakhoury

IFC & IndiGrid Partner To Build 180 MW/360 MWh BESS Project in Gujarat 

International Finance Corporation (IFC) and IndiGrid have partnered to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. The project is designed to support the state’s clean energy goals by enhancing grid stability and ensuring reliable power is available during peak demand.  This investment made during the quarter ended June […]

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IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising

The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […]

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