The Japan Bank for International Cooperation (JBIC) has signed a loan agreement of up to JPY 80 billion with Power Grid Corporation of India Limited (PGCIL) to support a high-voltage direct current (HVDC) transmission project connecting the Khavda Renewable Energy Park in Gujarat to Nagpur in Maharashtra. The agreement follows PGCIL’s board approval in June…
Power Finance Corporation Limited (PFC) has signed a loan agreement worth about Rs 32 billion with the Japan Bank for International Cooperation (JBIC) to fund a bamboo-based bio ethanol and chemicals project in Assam. The financing will support Assam Bio Ethanol Private Limited’s second-generation plant, which will use bamboo as feedstock to produce bioethanol and…
Japan Bank for International Cooperation (JBIC) has signed an agreement with Power Finance Corporation Limited (PFC) to finance renewable energy projects in India. Under the agreement, JBIC and PFC will establish a credit line of Rs 66.73 billion (120 billion JPY), with JBIC contributing Rs 40.04 billion (72 billion JPY). This initiative is part of…