Japan International Cooperation Agency (JICA) signed an agreement with the Government of India to provide Official Development Assistance (ODA) Loan of approximately Rs 500 crore for upgradation of environmental management for ship recycling in Gujarat.
FlashNews:
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JICA to aid VaranasiÂ’s Convention Centre
Japan International Cooperation Agency (JICA) signed a Grant Agreement with the Government of India to provide grant aid of up to Rs 130 crore for the construction of the International Cooperation and Convention Centre in Varanasi.
Railways need to create a holistic engagement platform
Hitachi and its subsidiary company, Ansaldo, are engaged with the Indian Railways on many platforms. We will be introducing state-of-the-art technology in signalling and telecommunications on the Dedicated Freight Corridor (DFC) from Delhi to Mumbai.
We will directly deal with land-owners if acquisition is delayed
Mangu Singh, Managing Director, Delhi Metro Rail Corporation (DMRC) indicates that challenges around land acquisition have slowed down the ongoing extension of metro rail network. Therefore, if the need arises again, the metro rail operator in the Delhi National Capital Region (NCR) will not be averse to negotiating directly with private landowners.
Expanded Sewerage Treatment to Start in Bengaluru with JICA Support
The newly inaugurated Sewerage Treatment Plant (STP) in Koramangala and Challaghatta (K&C) Valley STP, whose treatment capacity is 60 Million Liters per Day (MLD) is expected to treat the sewerage generated by around 5 lakhs people in Bengaluru, and improve the sanitation and environmental condition of the rapid growing city.
Chennai Metro’s underground stretch commissioned
Today the Chennai Metro Rail Project (Phase I) underground section from Thirumangalam to Nehru Park was inaugurated. The newly constructed underground stretch covers a distance of 7.4 km between Thirumangalam and Nehru Park comprising of five important stations; Anna Nagar Tower, Anna Nagar East, Shenoy Nagar, PachayappaÂ’s College and Kilpauk Medical College.
We can’t shy away from PPPs
PR Jaishankar, Chief General Manager, India Infrastructure Finance Company Ltd (IIFCL) says that old models of development financing need a complete overhaul. He feels while development financing still holds relevance, it needs to be viewed in the context of the dynamic needs of the emerging environment.
JICAÂ’s Rs 400-crore loan to clear traffic on Delhi Expressway
Japanese lending arm JICA will provide Rs 400 crore loan to India for computerised traffic control on the under-construction Delhi eastern peripheral highway linking Haryana.
By year-end, 85-90percent treated wastewater will flow into Ganga
NJS Japan was established in 1951; we started with small projects in India and developed a DPR (detailed project report), so earlier when JICA requested them to go to India and do a DPR, NJS was doing some business by that time.
ReNew Power secures $390 million debt funding from ADB
Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).