NTPC and NHPC Secure JBIC Loan for Renewable Projects

02 Apr 2024 CW Team

India's leading energy giants, NTPC and NHPC, have successfully secured a loan from the Japan Bank for International Cooperation (JBIC) to fuel their renewable energy projects. This financial backing marks a significant step forward in India's quest to bolster its green energy initiatives.

The loan agreement, facilitated by JBIC, is set to provide substantial financial support to NTPC and NHPC as they continue to expand their renewable energy portfolios. This funding injection is poised to accelerate the development and deployment of clean energy projects across the country.

NTPC, known for its prowess in thermal power generation, has been actively diversifying its energy mix towards renewables in recent years. With this JBIC loan, NTPC aims to ramp up its renewable energy capacity and contribute significantly to India's renewable energy targets.

Similarly, NHPC, a prominent player in hydropower generation, is also venturing into renewable energy ventures. The funding from JBIC will enable NHPC to bolster its renewable energy projects, particularly in the solar and wind energy sectors.

The collaboration between Indian energy giants and JBIC underscores the growing international cooperation in advancing renewable energy agendas. It reflects the shared commitment towards combating climate change and transitioning towards a sustainable energy future.

The JBIC loan for NTPC and NHPC not only facilitates the expansion of renewable energy infrastructure but also fosters economic growth and job creation in the renewable energy sector. This partnership signifies a significant milestone in India's journey towards achieving its renewable energy goals and reducing its carbon footprint.

Infrastructure Transport

15 Oct 2025

AAI To Introduce Valet Parking At Chennai Airport

In a first for Indian airports, the Airports Authority of India (AAI) is planning to introduce valet parking services at Chennai International Airport, aimed at improving passenger convenience and easing traffic flow around the terminal. Since the inauguration of the multi-level car parking facility, passengers have expressed dissatisfaction with the long walk or buggy ride required to reach the second floor to board cabs. Many have found the queues and delays cumbersome, prompting AAI to explore more accessible options. Responding to this feedback, AAI has finalised plans for a second cab b..

CCI Clears Vedanta’s Acquisition Of Jaiprakash Associates

The Competition Commission of India (CCI) has approved the acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited under a corporate insolvency resolution process (CIRP) governed by the Insolvency and Bankruptcy Code, 2016 (IBC). The proposed transaction involves Vedanta Limited, the acquirer, taking control of Jaiprakash Associates, which is currently undergoing insolvency proceedings. The CCI’s approval clears a key regulatory hurdle in the resolution process. Vedanta Limited, incorporated in India and listed on both the BSE and National Stock Exchange (NSE), is a subsidiar..

CCI Approves Capgemini’s Acquisition Of Cloud4C Services

The Competition Commission of India (CCI) has approved the acquisition of Cloud4C Services Pte. Ltd and Cloud4C Services Private Limited by Capgemini SE, marking another major consolidation in India’s information technology services sector. The proposed transaction involves Capgemini SE acquiring 100 per cent of the shares of Cloud4C Services Pte. Ltd (based in Singapore) and Cloud4C Services Private Limited (based in India). Together, the two entities are referred to as the Targets. Capgemini SE, listed on Euronext Paris, is the ultimate parent company of the Capgemini Group, a global lea..