SEI Solar Power Pvt Ltd will raise around $34.3 from the International Finance Corporation (IFC) to support its proposed greenfield solar farm project in Rajasthan.

SEI Solar is a joint venture between Singapore-based SunEdison Energy and Astronergy Solar Korea Co Ltd The fund raising will help the company develop, construct, own and operate a 24 Mw greenfield solar PV power plant at Ugaras village in Jodhpur district.