IFC to back solar park project in Madhya Pradesh

In:

Renewable energy

Region:

Asia-Pacific

The International Finance Corporation is set to loan up to Rs 3.2 billion for a project by Mahindra Renewables Private Limited (MPRL) to build a solar park in Madhya Pradesh, India. The estimated project cost is about Rs 12.8 billion. MRPL has been granted a 250MWac solar power project within the 750MWac Rewa Ultra Mega Solar Park, in the Rewa district of Madhya Pradesh.

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