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India’s Coastline Will Drive Prosperity: PM Modi Unveils ₹60 Billion Maritime Projects in Gujarat

India’s Coastline Will Drive Prosperity: PM Modi Unveils ₹60 Billion Maritime Projects in Gujarat

Speaking at Bhavnagar, Prime Minister Narendra Modi laid the foundation stone for the world’s first compressed natural gas (CNG) terminal and a brownfield port, launching ₹60 billion worth of projects to boost India’s coastal economy, logistics capacity, and global trade integration. Prime Minister Narendra Modi has said that India’s coastline will become the gateway to...

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NTPC Enters JPY 50 Billion Loan Agreement with JBIC

NTPC Enters JPY 50 Billion Loan Agreement with JBIC

In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s Global action for Reconciling Economic growth and ENvironmental preservation (GREEN) operation, India’s largest power producer on Wednesday entered into a foreign currency loan agreement with the Japanese Government’s financial institution for JPY 50 billion (nearly $482 million or Rs 35.82 billion).