MenuClose

  • JP
  • SearchClose
About JBIC
About JBIC

This page introduces information on JBIC's role and organization.

Close

Support Menu
Support Menu

JBIC offers a range of financial products and other services to our clients.

Close

Business Areas
Business Areas

Information about JBIC's activities in each business area and its efforts for environmental conservation.

Close

Public Information
Public Information

Various reports compiled and contributed by JBIC

Close

Sustainability
Sustainability

JBIC's Sustainability Initiatives

Close

Press Releases
Press Releases

Press-release-related web pages.

Close

Investor Relations
Investor Relations

This page introduces information on JBIC's investor relations.

Close

Loan for NTPC under GREEN Operations
Supporting Solar Power Generation Projects and Environmental Equipment Installation Projects in India under the Growth Investment Facility

  • Region: Asia
  • Infrastructures
  • Environment
  • Untied Loans
 October 29, 2020
  1. The Japan Bank for International Cooperation (JBIC; Governor: MAEDA Tadashi) signed on October 28 a loan agreement amounting to up to JPY50 billion (of which JBIC’s portion is JPY30 billion) with NTPC Limited (NTPC), India’s state-owned power generation company. The loan is extended under JBIC’s Growth Investment Facility*1 and is co-financed with Sumitomo Mitsui Banking Corporation, the Bank of Yokohama, Ltd., the San-In Godo Bank, Ltd., the Joyo Bank, Ltd., and The Nanto Bank, Ltd., with JBIC providing guarantee for the co-financed portion.
      
  2. This loan is intended to provide NTPC with the necessary funds for solar power generation projects and installation of environmental equipment in India as a part of GREEN operations*2.
      
  3. In India, coal-fired power still accounts for a large proportion of the country’s energy mix, and taking measures against air pollution is an urgent challenge. Under these circumstances, the government of India has been tightening environmental regulations on power plants and developing renewable energy projects in order to stabilize power supplies, while at the same time reducing air pollution. NTPC, India’s largest state-owned power generation company, has a significant impact on climate change measures and environmental improvement projects led by the government of India. With this financing, JBIC supports efforts made by the government of India and NTPC to preserve the global environment.
      
  4. As Japan’s policy-based financial institution, JBIC will continue to support global environmental preservation efforts by drawing on its various financial facilities and schemes and by performing its risk-assuming function.
      
Note
  1. *1 
  2. *2 

Search press releases

Fiscal Years
Sectors
Region
Finance Menu