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International
Finance Corporation (IFC), the private equity arm of World Bank, has reportedly
shown keen interest in financing the ultra mega power projects and some of the
upcoming special economic zones (SEZ) in India.
IFC has already
invested more than $130m in Indian companies over the past three months. The
private lending arm of World Bank is considering investing $45m for a stake in
Cairn India. Cairn India, the Indian arm of Cairn Energy, UK, has drawn up plans
to enter the primary capital market in December 2006.
Source: ProjectsToday.com