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 Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..