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SPAH

Sectors

Manufacturing

Description:

Projects in this Sector: 46

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Issues Raised

Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 506

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Project Information

Investment ID: 34628

Bank: IFC/MIGA

Environmental Category: B

Country: India

Region: South Asia

Approval Date: None

Investment Types: Equity

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

IFC has an active equity investment of $34.44 million with Shapoorji Pallonji Company Limited (SPCL) in Pune, India to fund the development of affordable housing units. The IFC investment was made in 2015 and it is part of a $200 million financial platform called Joyville that was established by SPCL.

Investments

Investment TypeIDAmountStatusBankClient
Equity 34628 USD 34.4 million Planned IFC Shapoorji Pallonji

Related Complaints

IFC/MIGA CAO ComplaintsIAMCountryDate FiledStatus
Shapoorji Pallonji-01/Pune IFC CAO India 08/12/2020 Active

Implementers

NameComplaintsDispute ResolutionsDR SuccessfulCompliance ReviewsNon-Compliance
Shapoorji Pallonji