NHPC Signs JPY 20 Bn Loan Agreement with Japan Bank for International Cooperation
NHPC Limited has secured Foreign Currency Loan of JPY 20.00 Billion from Japan Bank for International Cooperation (JBIC), Japan for implementation of renewable project including 300 MW Solar power Project, Bikaner being developed under CPSE 1000 MW Scheme.
March 28, 2024. By News Bureau
The loan agreement was signed by Executive Director (Finance), NHPC and Ryuta Suzuki, Director General, New Energy and Power Finance Department II, JBIC in the presence of R.P. Goyal, CMD and Director (Finance), Uttam Lal, Director (Personnel) and R.K. Chaudhary, Director (Technical & Projects) at NHPC Corporate Office on 28th March 2024 .
This is a first kind of loan syndication by NHPC with JBIC for financing of renewable energy project. JBIC’s loan is co-financed with MUFG Bank Ltd., Japan and Bank of Yokohama Ltd., Japan.
The facility is extended under JBIC’s GREEN Operations (Global Action for Reconciling Economic growth and Environment Preservation) which ensures preservation of global environment.
please contact: contact@energetica-india.net.
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