China's state-run power company, Three Gorges Corporation (CTG), is keen to participate in a financing consortium to fund up to USD 50 billion of hydroelectric power projects in Pakistan, a media report said.
The International Finance Corporation (IFC), the private financing arm of the World Bank, has said it would partner the Indian Renewable Energy Development Agency (IREDA) to provide infrastructure financing for energy projects in India.
The World Bank`s private-sector financing arm on Wednesday launched USD 2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising USD 1 billion in offshore bonds for the sector last year.
Ratnakar Bank raised Rs 3.28 billion from a group of investors including UK`s CDC Group Plc and Asia Capital and Advisors by selling an undisclosed minority stake, the regional lender said on Thursday.
The International Finance Corporation (IFC) - a member of the World Bank Group – Wednesday announced the launch of a USD 1 billion offshore rupee bond programme to strengthen India's capital markets and attract greater foreign investment.