Business Standard

PFC signs agreement with Japan's JBIC for project loan of Rs 165 cr

This pact was executed under a general agreement signed between PFC and JBIC for JPY (Japanese Yen) 30 billion

Power Finance Corporation, PFC, PFC logo

PFC logo. Photo: Wikimedia Commons

Press Trust of India New Delhi
Power Finance Corporation has inked a pact with Japan Bank for International Cooperation (JBIC) for a project loan of JPY 2.65 billion or about Rs 165 crore.
Under this facility, JBIC has proposed to finance some of PFC's projects which ensure effective reduction of greenhouse gas emissions and conservation of the global environment.
This pact was executed under a general agreement signed between PFC and JBIC for JPY (Japanese Yen) 30 billion.
The loan agreement was signed at JBIC headquarters Tokyo, between PFC Chairman and Managing Director R S Dhillon and Uchida Makoto, Managing Executive Officer of JBIC.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 22 2023 | 7:24 PM IST

Explore News