(EnergyAsia, August 11) — World Bank’s IFC has signed a landmark nine-year term loan of $150 million to Cairn Energy PLC, a UK oil and gas company operating in India and Bangladesh. The loan is aimed at alleviating energy shortages in both countries and to partner in innovative community development programs in Rajasthan, one of…
INDIA: World Bank’s IFC to lend US$150 million to Cairn Energy
Posted on August 11, 2006 by EnergyAsia