American solar technology company First Solar, Inc. (Nasdaq: FSLR) has inaugurated its state-of-the-art facility in Tamil Nadu, India, marking the country’s first fully vertically integrated solar manufacturing plant. This significant development was led by Dr T R B Rajaa, Minister for Industries, Promotions and Commerce of the Tamil Nadu Government, and attended by notable figures […]
In a strategic move to enhance infrastructure and promote economic development, the U.S. International Development Finance Corporation (DFC) has committed a substantial investment to the tune of $553 million. This funding is allocated for the Colombo West International Terminal Pvt. Ltd. (CWIT) — a collaboration between India’s Adani Ports, Sri Lanka’s John Keells Holdings, and […]
Pahal Financial Services Pvt. Ltd. (Pahal), a pioneering Microfinance Institution championing financial inclusion, celebrates its partnership with the U.S. International Development Finance Corporation (DFC). The collaboration manifests as a $12 million loan spanning up to eight years via the External Commercial Borrowing (ECB) route. This strategic investment zeros in on expanding the microfinance loan portfolio, […]
The U.S. International Development Finance Corporation (DFC) is fueling India’s green energy dreams! The DFC Board of Directors has greenlit up to $425 million in financing for TP Solar Limited, a Tata Power Renewable Energy Limited (TPREL) subsidiary. This colossal sum is aimed at developing a cutting-edge 4.3 GW solar cell and module manufacturing plant […]
Vistaar Financial Services Private Limited, a leader in MSME lending in India, has secured a loan commitment of up to $50 million from the U.S. International Development Finance Corporation (DFC). This funding is expected to assist Vistaar Financial Services in further expanding its secured MSME lending portfolio, with a particular emphasis on serving women-owned and […]