Guardian: The World Bank on Tuesday approved financing for a $4.2 billion coal-fired power plant in India despite calls by environmental groups to delay the decision until further analysis of costs and environmental impact were done. The World Bank board approved $450 million in loans by the International Finance Corp. (IFC) for the Tata Mundra project, a 4,000 megawatt coal plant, which will expand access to electricity in five states in western and northern India. IFC said the plant …