JBIC

NTPC, JBIC Collaborate To Finance Renewable Energy Project In India

Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […]

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PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr

Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […]

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Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion

An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […]

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ISA Signs Pact With Japan’s JICA, JBIC & NEDO To Develop Solar Energy

The Embassy of Japan in India has announced that a ‘Memorandum of Cooperation’ was signed between the Government of Japan, Japan Bank for International Cooperation (JBIC), Japan International Cooperation Agency (JICA) and the New Energy and Industrial Technology Development Organization (NEDO) and the International Solar Alliance (ISA). According to the official statement, the pact was […]

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