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To build the Rewa solar park in Madhya Pradesh, which member institution of the world bank group will provide $440 million debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund ActisLlp?
  • a)
    Internatonal Development Association (IDA)
  • b)
    Multilateral Investment Guarantee Agency (MIGA)
  • c)
    International Finance Corporation (IFC)
  • d)
    International Bank for Reconstruction and Development (IBRD)
  • e)
    International Centre for Settlement of Investment Disputes (ICSID)
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
To build the Rewa solar park in Madhya Pradesh, which member instituti...
International Finance Corporation (IFC), a member institution of the World Bank Group will provide $440 million debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund ActisLlp to build the Rewa solar park in Madhya Pradesh. Earlier, Rewa Ultra Mega Power Ltd had invited bids for the solar projects. Based on the bidding, three 250MW projects were awarded to Acme Solar Holdings Pvt. Ltd, Mahindra Renewables Pvt. Ltd and Actis LLP’s Solenergi Power Pvt. Ltd. Rewa Ultra Mega Power Ltd, is a joint venture of Madhya Pradesh UrjaVikas Nigam Ltd (MPUVNL) and Solar Energy Corp. of India Ltd (SECI). Rewa Solar project is to be commissioned in December 2018.
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To build the Rewa solar park in Madhya Pradesh, which member institution of the world bank group will provide $440 million debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund ActisLlp?a)Internatonal Development Association (IDA)b)Multilateral Investment Guarantee Agency (MIGA)c)International Finance Corporation (IFC)d)International Bank for Reconstruction and Development (IBRD)e)International Centre for Settlement of Investment Disputes (ICSID)Correct answer is option 'C'. Can you explain this answer?
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To build the Rewa solar park in Madhya Pradesh, which member institution of the world bank group will provide $440 million debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund ActisLlp?a)Internatonal Development Association (IDA)b)Multilateral Investment Guarantee Agency (MIGA)c)International Finance Corporation (IFC)d)International Bank for Reconstruction and Development (IBRD)e)International Centre for Settlement of Investment Disputes (ICSID)Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about To build the Rewa solar park in Madhya Pradesh, which member institution of the world bank group will provide $440 million debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund ActisLlp?a)Internatonal Development Association (IDA)b)Multilateral Investment Guarantee Agency (MIGA)c)International Finance Corporation (IFC)d)International Bank for Reconstruction and Development (IBRD)e)International Centre for Settlement of Investment Disputes (ICSID)Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for To build the Rewa solar park in Madhya Pradesh, which member institution of the world bank group will provide $440 million debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund ActisLlp?a)Internatonal Development Association (IDA)b)Multilateral Investment Guarantee Agency (MIGA)c)International Finance Corporation (IFC)d)International Bank for Reconstruction and Development (IBRD)e)International Centre for Settlement of Investment Disputes (ICSID)Correct answer is option 'C'. Can you explain this answer?.
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