Kiran Energy JV

International Finance Corporation (IFC) is looking to invest up to $11 million in Mahindra Solar One Pvt Ltd, a joint venture between the $12.5 billion Mahindra Group and solar power start-up Kiran Energy Solar Power Pvt Ltd. The deal may involve $5 million equity investment, along with $6 million in debt, by the private investment arm of the World Bank.

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