Hindustan Times: The World Banks private sector lending arm, International Finance Corporation (IFC), sees a bright future in the Indian renewable energy sector.
By the end of this month, its investment in Indian renewable energy and clean technology sectors that began in 2009-10 would have exceeded $1 billion (R5,900 crore).
IFC follows a July-to-June calendar.
Pravan Malhotra, who leads IFCs clean technology investment team in South Asia, said more than a third of this investment occurred this year alone....