NHPC Signs Agreement with Japan Bank for International Cooperation for JPY 20 Bn Loan
POWER & RENEWABLE ENERGY

NHPC Signs Agreement with Japan Bank for International Cooperation for JPY 20 Bn Loan

NHPC Limited, a leading hydroelectric power producer, has entered into an agreement with Japan Bank for International Cooperation (JBIC) to secure a loan of JPY 20 billion. This collaboration underscores NHPC's commitment to advancing its renewable energy projects and fostering international partnerships.

The loan from JBIC will enable NHPC to accelerate the development and implementation of its renewable energy initiatives, particularly in the hydroelectric power sector. NHPC aims to leverage the funding to expand its renewable energy portfolio and contribute to India's sustainable energy goals.

The partnership between NHPC and JBIC highlights the growing cooperation between India and Japan in the field of renewable energy. It underscores the shared commitment of both countries to promote clean and sustainable energy solutions to address climate change and energy security challenges.

The JPY 20 billion loan from JBIC will support NHPC's efforts to enhance its renewable energy capacity and reduce carbon emissions. By investing in hydroelectric power projects, NHPC aims to harness the abundant renewable energy resources available in India and contribute to the country's energy transition.

Overall, the agreement between NHPC and JBIC represents a significant milestone in advancing renewable energy cooperation between India and Japan. It underscores the importance of international partnerships in driving the transition to a low-carbon economy and achieving sustainable development goals.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

NHPC Limited, a leading hydroelectric power producer, has entered into an agreement with Japan Bank for International Cooperation (JBIC) to secure a loan of JPY 20 billion. This collaboration underscores NHPC's commitment to advancing its renewable energy projects and fostering international partnerships. The loan from JBIC will enable NHPC to accelerate the development and implementation of its renewable energy initiatives, particularly in the hydroelectric power sector. NHPC aims to leverage the funding to expand its renewable energy portfolio and contribute to India's sustainable energy goals. The partnership between NHPC and JBIC highlights the growing cooperation between India and Japan in the field of renewable energy. It underscores the shared commitment of both countries to promote clean and sustainable energy solutions to address climate change and energy security challenges. The JPY 20 billion loan from JBIC will support NHPC's efforts to enhance its renewable energy capacity and reduce carbon emissions. By investing in hydroelectric power projects, NHPC aims to harness the abundant renewable energy resources available in India and contribute to the country's energy transition. Overall, the agreement between NHPC and JBIC represents a significant milestone in advancing renewable energy cooperation between India and Japan. It underscores the importance of international partnerships in driving the transition to a low-carbon economy and achieving sustainable development goals.

Next Story
Infrastructure Transport

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Next Story
Infrastructure Energy

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Next Story
Infrastructure Transport

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?