#world-bank
Tata Power’s Bhutan SPV gets $515 million World Bank financing commitment for 1,125 MW project
Tata Power secures $515 million from the World Bank for a 1,125 MW hydro project in Bhutan, boosting clean energy exports.
Industrial policy now has broad World Bank approval but the case for universal adoption remains unclear
The World Bank has endorsed the idea of industrial policy with some conditions, reversing its stance of the early 1990s. What its new paper doesn’t address, though, is what happens if every country goes for it.