+
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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code