This IFC investment involves a debt financing and mobilization of senior loans to Azure Power Rooftop (GenCo) Private Limited, based in India. Azure Power Rooftop (GenCo) Private Limited is a subsidiary owned by IFC’s existing client Azure Power Global Limited which is a leading solar power company in India and has in-house capacity to undertake engineering, procurement & construction and operations & maintenance services for its solar power plants.
Following are the two proposed objectives of the project:
1. Increasing clean energy production: Contributing to meeting India's energy demand by using an environmentally friendly source of energy.
2. Climate change mitigation: The investment will support clean energy production with associated avoidance of greenhouse gas emissions.
Azure Power Global Limited is a leading solar power company in India and has in-house capacity to undertake engineering, procurement & construction and operations & maintenance (O&M) services for its solar power plants.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Azure Power Global Limited||Client||-|
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Sr. VP Finance
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