In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)ās Global action for Reconciling Economic growth and ENvironmental preservation (GREEN) operation, Indiaās largest power producer on Wednesday entered into a foreign currency loan agreement with the Japanese Governmentās financial institution for JPY 50 billion (nearly $482 million or Rs 35.82 billion).
Tag: JBIC
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Funding Dichotomy
The population surge, rapid urbanisation, and the consequent congestion have time and again fuelled the ĆĀ“need for speedĆĀ“. Mass rapid transit system like the metro rail has dawned as a panacea in this regard.
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Bharti, Soft Bank plan renewable energy foray
Telecom major Bharti has tied up with JapanĆĀ“s Soft Bank and JBIC for foraying into renewable energy.
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GMR Infra, JBIC sign MoU for infra sector
GMR Infrastructure has signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC)
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Japan may expand infrastructure tie-ups
The promise of faster decision-making and emphasis on infrastructure has Japanese investors excited, and they are ready to bank roll and provide expertise to develop IndiaĆĀ“s physical infrastructure.
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Land Bill is a concern for Japanese investors
The financial champion of the much-hyped DMIC is largely tight-lipped about it. Shin Oya, Chief Representative, Japan Bank for International Cooperation (JBIC), tells Shilpi Aggarwal why his country may be waiting for the next general elections, is guarded on some questions but has no hesitation to say why the Indian government must treat ECBs better,