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Exclusive: IFC weighs $500 mn financing for India’s smart meter programme

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Exclusive: IFC weighs $500 mn financing for India’s smart meter programme

International Finance Corporation (IFC) could provide as much as $500 million (around Rs 4,100 crore) to companies engaged in the rollout of smart meters in India, the World Bank Group’s private-sector investment arm told VCCircle.  IFC said the Indian government’s Smart Meter National Programme (SMNP) presents an investment opportunity of more ......

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