EGYPT> IFC invests $635 million in Egypt’s solar power plants

IFC logo IFC,  an institution that is member of World Bank Group, announced in July 20 to invest $635 million to construct and operate up to 11 solar plants in Egypt. All the plants combined capacity will be 500 Megawatts. This investment is part of the Egypt’s prestigious solar energy plant Feed-In Tariff (FIT) program, totaling $730 million that aims to harness More …

INDIA > International Finance Corp. (IFC) to invest $47.5Mn in Granules India

International_Finance_Corporation_logo International Finance Corporation (IFC) to invest $47.5 million in Granules India Limited. The investment comes after plans of Granules India to expand its existing capacity to bulk manufacture drugs in Vishakhapatnam, India.   About Granules India Limited Granules India Limited is an Indian pharmaceutical manufacturing company based in Hyderabad, India. It was formed in 1984 as Triton Laboratories. The Company manufactures tablets, Pharmaceutical Formulation Intermediates (PFIs) and active More …