Japan to lend Rs 14k cr to India for metro, infra projects

30 Mar 2021 CW Team

India will also receive a Rs 264 crore (4 billion Yen) grant from Japan for improving the power supply situation in Andaman and Nicobar Islands.

The loan for the Delhi Metro project will be around Rs 7,947 crore (120 billion Yen) for supporting the phase-4 extension of the 12.5 km Mukundpur-Maujpur line, a 28.9 km Janakpuri West-RK Ashram line and a new 23.6 km Aerocity-Tughlakabad corridor.

Japan will assist Bengaluru Metro with a loan of over Rs 3,311 crore (50 billion Yen) for the phase-2 network to be extended to the central business district area, residential areas and the Kempegowda International Airport.

Meanwhile, a Rs 2,980 crore (45 billion Yen) loan for the Rajasthan rural water supply project will be provided by Japan for the construction of water treatment plants and related facilities, including a vast distribution network of nearly 20,000 km in Barmer and Jhunjhunu districts in the state.

The loan for the Himachal Pradesh crop diversification project phase-2 aims to promote agricultural productivity and sustainable crop diversification to higher value crops. Under this project, production infrastructure such as irrigation facilities and access farm roads will be developed, and sales from farmers will be promoted through various types of support, including the formation of farmer producer organisations.

The grant aid for Andaman and Nicobar Islands, the first overseas development assistance project of Japan for the islands, will enable the effective utilisation of renewable energy generated from solar PV.

The grant aid will be used to procure 15MWh batteries as well as power system stabilisers to allow the most effective utilisation of electricity generated by solar PV in South Andaman, including Port Blair.

Notably, the loan agreement signed between the two countries for most of the projects is tied to a common, broader theme—sustainable development in India.

Image Source

Japan has signed an agreement with India for providing a loan of over Rs 14,000 crore (225 billion Yen) for the development of various infrastructure projects in the country which include metro rail expansion projects in Bengaluru and Delhi, financing a crop diversification project in Himachal Pradesh and a rural water supply project Rajasthan. India will also receive a Rs 264 crore (4 billion Yen) grant from Japan for improving the power supply situation in Andaman and Nicobar Islands. The loan for the Delhi Metro project will be around Rs 7,947 crore (120 billion Yen) for supporting the phase-4 extension of the 12.5 km Mukundpur-Maujpur line, a 28.9 km Janakpuri West-RK Ashram line and a new 23.6 km Aerocity-Tughlakabad corridor. Japan will assist Bengaluru Metro with a loan of over Rs 3,311 crore (50 billion Yen) for the phase-2 network to be extended to the central business district area, residential areas and the Kempegowda International Airport. Meanwhile, a Rs 2,980 crore (45 billion Yen) loan for the Rajasthan rural water supply project will be provided by Japan for the construction of water treatment plants and related facilities, including a vast distribution network of nearly 20,000 km in Barmer and Jhunjhunu districts in the state. The loan for the Himachal Pradesh crop diversification project phase-2 aims to promote agricultural productivity and sustainable crop diversification to higher value crops. Under this project, production infrastructure such as irrigation facilities and access farm roads will be developed, and sales from farmers will be promoted through various types of support, including the formation of farmer producer organisations. The grant aid for Andaman and Nicobar Islands, the first overseas development assistance project of Japan for the islands, will enable the effective utilisation of renewable energy generated from solar PV. The grant aid will be used to procure 15MWh batteries as well as power system stabilisers to allow the most effective utilisation of electricity generated by solar PV in South Andaman, including Port Blair. Notably, the loan agreement signed between the two countries for most of the projects is tied to a common, broader theme—sustainable development in India. Image Source

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..