Power Finance Corporation secures a 25.5 billion JPY loan from JBIC for a 300.3 MW wind energy project in India.

Power Finance Corporation (PFC) secures a 25.5 billion JPY loan from Japan Bank for International Cooperation (JBIC) for a wind energy project in India, under JBIC's GREEN initiative. The loan, co-financed by Sumitomo Mitsui Banking Corporation and other Japanese banks, will fund the 300.3 MW wind energy project by Ostro Kannada Power Private Ltd (OKPPL) in Karnataka. Additionally, JBIC guarantees the portion of the loan co-financed by private institutions.

August 08, 2024
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