Green financing: PFC, JBIC tie up for Rs 3,500 cr loan; Assam bio-ethanol project gets boost

Power Finance Corporation (PFC) and Japan Bank for International Cooperation (JBIC) have formalized a loan agreement amounting to 60 billion Japanese Yen, approximately Rs 3,500 crore, to facilitate clean energy initiatives in India. This collaboration, under JBIC’s GREEN initiative, aims to bolster sustainable development and fortify economic relations between India and Japan.

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