Tata Capital, IFC form cleantech investment JV
Tata Capital and the International Finance Corporation (IFC) have established Tata Cleantech Capital Ltd (TCCL), which will provide capital to Indian small- and medium-sized enterprises (SMEs).
TCCL will also offer advisory services to local companies involved in climate change initiatives. IFC will invest for up to 19.5% of TCCL's share capital, while Tata will contribute the remaining equity....
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