Loans

The Asian Development Bank (ADB) has signed a loan agreement worth Rs 5,436.94 million ($84 million) with the central government for the Bihar Urban Development Investment Program (BUDIP) II. BUDIP II was approved by ADB […]

The Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion worth of loans to India for infrastructure-related projects in 2018. The funds will be used for investment in energy, road and urban development projects, and […]

The Japan International Cooperation Agency has committed an official development assistance loan of Rs 25.87 billion for the third phase of the Bengaluru Water Supply and Sewerage Project in Karnataka. The scope of the project […]

The New Development Bank (NDB) has signed a $100 million loan agreement with the Rajasthan government for financing the Rajasthan Water Sector Restructuring Project. This is the first tranche of funds being given by NDB […]

The Japan International Cooperation Agency (JICA) has committed an official development assistance loan of JPY 45 billion (about Rs 25.87 billion) for the Bengaluru Water Supply and Sewerage Project (Phase 3). The project will provide […]

The Power Finance Corporation (PFC) has sanctioned financial assistance of Rs 13.5 billion to Bihar Grid Company Limited. The financial assistance will be used for the construction of 16 units of 400 kV, 220 kV […]

Amplus Energy Solutions has entered into a pact with private sector lender YES Bank for a strategic tie-up to co-finance projects in the solar energy space in India. YES Bank will look for bankable projects […]

The central government has signed a loan agreement worth $250 million with the Asian Development Bank (ADB) for the construction of 6,254 km of all-weather rural roads in the states of Assam, Chhattisgarh, Madhya Pradesh, Odisha and […]

The Indian Renewable Energy Development Agency (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) have signed a sub-loan agreement to finance the shared infrastructure of two solar power projects in Madhya Pradesh. These are the […]

The Asian Infrastructure Investment Bank (AIIB) has approved a $335 million loan for the Bangalore Metro Rail Project, Reach 6 (R6), AIIB’s first metro project. The 100 per cent electric metro project is also AIIB’s […]

ADB has approved a loan worth Rs 22.26 billion for Phase III of the Karnataka State Highways Improvement Project. The loan will be used for the upgradation of 419 km of state highways from two […]

The Odisha government has signed a loan agreement worth Rs 4.4 billion with Germany’s KfW Development Bank to undertake various urban infrastructure projects in the state. The funds will be utilised for the execution of […]

The Asian Development Bank (ADB) has agreed to sanction Rs 33 billion for the Chennai-Kanyakumari Industrial Corridor Project. The project, which forms a part of the East-Coast Economic Corridor, involves strengthening 15 existing major road […]

The International Finance Corporation (IFC) will invest $440 million (Rs 28 billion) in the 750 MW Rewa ultra mega solar park in Madhya Pradesh. The investment will be provided in the form of debt to […]

ADB has approved a loan package of $583 million for developing Reliance Power Limited’s liquefied natural gas (LNG) terminal along with a 750 MW power project in Bangladesh. The package includes loans and partial risk […]

The Rural Electrification Corporation (REC) and Patratu Vidyut Utpadan Nigam Limited, a subsidiary of NTPC Limited, have signed a loan agreement worth Rs 140 billion for setting up Phase I of the 2,400 MW Patratu […]

India and the World Bank have signed a $98 million loan pact and a $2 million grant agreement for the Shared Infrastructure for Solar Parks Project. While $75 million has been extended by the International […]

ADB has approved a multi-tranche financing facility worth $500 million for the Second Rural Connectivity Investment Programme to improve rural roads in the states of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. Under the […]

The State Bank of India (SBI) has extended loans of over Rs 23 billion to seven companies for financing 575 MW of grid-connected solar rooftop projects. These companies are JSW Energy, Tata Renewable Energy, the […]

Energy Efficiency Services Limited (EESL) has entered into a partnership with the Global Environmental Facility (GEF) to receive funding of $454 million for the Creating and Sustaining Markets for Energy Efficiency project. The funding, which […]