Bangalore Turbines gets Rs 2.6-cr Funding,.from IFC

摘要

The International Finance Corporation(IFC)the World Bank's private sector financing arm,has picked up a stake in Turbo Tech Precision Engineering Pvt Ltd through a private equity deal.IFC's Chief Investment Officer for South Asia,Ms Anitha George,said,"Our investment in the company is U 6,00,000(about Rs 2.7 crore)." IFC's investment," entirely in the form of equity or quasi equity,was from its Environmental Opportunities Fund,she said.