+
Japan Extends 192 Billion Yen Loan for Six Key Projects in India
ECONOMY & POLICY

Japan Extends 192 Billion Yen Loan for Six Key Projects in India

India and Japan have signed loan agreements worth 191.736 billion Yen under Japan’s Official Development Assistance, supporting six major projects in forest management, water supply, urban transport, aquaculture, biodiversity conservation, and investment promotion, the Finance Ministry announced.

The agreements, signed with the Japan International Cooperation Agency (JICA) on Thursday, include funding for the Tamil Nadu Investment Promotion Programme (36.114 billion Yen), the Chennai Seawater Desalination Plant (52.556 billion Yen), and the Delhi Metro expansion (79.726 billion Yen). Other projects include forest management in multiple states (¥8.280 billion), aquaculture promotion in Assam (3.580 billion Yen), and biodiversity conservation in Punjab (11.480 billion).

These projects aim to enhance sustainable economic growth, improve water security, mitigate climate change, and bolster regional development. Strengthening economic ties, this collaboration reinforces the India-Japan Strategic and Global Partnership.

India and Japan have signed loan agreements worth 191.736 billion Yen under Japan’s Official Development Assistance, supporting six major projects in forest management, water supply, urban transport, aquaculture, biodiversity conservation, and investment promotion, the Finance Ministry announced. The agreements, signed with the Japan International Cooperation Agency (JICA) on Thursday, include funding for the Tamil Nadu Investment Promotion Programme (36.114 billion Yen), the Chennai Seawater Desalination Plant (52.556 billion Yen), and the Delhi Metro expansion (79.726 billion Yen). Other projects include forest management in multiple states (¥8.280 billion), aquaculture promotion in Assam (3.580 billion Yen), and biodiversity conservation in Punjab (11.480 billion). These projects aim to enhance sustainable economic growth, improve water security, mitigate climate change, and bolster regional development. Strengthening economic ties, this collaboration reinforces the India-Japan Strategic and Global Partnership.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code