The World Bank– and Asian Development Bank–funded Tata Mundra thermal power project exemplifies how international finance has enabled carbon-intensive development with severe social and ecological costs. The coal-based plant contributes significantly to greenhouse gas emissions, aggravating climate change while contradicting global climate commitments. Its thermal discharge, ash pollution, and coastal infrastructure have damaged marine ecosystems, depleted fish stocks, and restricted access to the sea. Fisherpeople have lost livelihoods, traditional routes, and food security, without adequate compensation or rehabilitation. The project reveals a development model where multilateral banks prioritize energy expansion and corporate interests over climate responsibility, environmental justice, and the rights of vulnerable coastal communities.