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मंगलवार, 24 जून 2026

SSC · Railway · Banking · UPSC · State PSC

Economy

IFC Pledges USD 371 Million to Sify for AI-Ready Data Centres in Navi Mumbai and Chennai

The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, pledged USD 371 million to Sify Infinit Spaces Limited (SISL) to support AI-ready, energy-efficient data centre infrastructure in India. Of the total, IFC will provide USD 71 million directly, with up to USD 300 million raised from other lenders. Sify will develop two next-generation data centres in Navi Mumbai and Chennai, built to IGBC Platinum standards, with a combined capacity of 103 MW designed to support AI workloads.

Key Points

  • The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, pledged USD 371 million to Sify Infinit Spaces Limited (SISL) to support AI-ready, energy-efficient data centre infrastructure in India
  • Of the total, IFC will provide USD 71 million directly, with up to USD 300 million raised from other lenders
  • Sify will develop two next-generation data centres in Navi Mumbai and Chennai, built to IGBC Platinum standards, with a combined capacity of 103 MW designed to support AI workloads
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Exam Note

• IFC: USD 371 million to Sify (SISL) for AI-ready data centres (June 2026) • Locations: Navi Mumbai (Maharashtra) + Chennai (Tamil Nadu); combined capacity: 103 MW • Standards: IGBC (Indian Green Building Council) Platinum • IFC: World Bank Group's private-sector arm

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Practice MCQ

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Practice MCQ

IFC's USD 371 million funding to Sify will support AI-ready data centres in which two cities?

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