JBIC backs JPY80bn financing for Indian HVDC transmission project
JBIC and four Japanese banks have signed a JPY80 billion ($499.2 million) loan with Power Grid Corporation of India for a HVDC transmission project in India. JBIC's portion is JPY48 billion ($299.52 million), with cofinancing from SMBC, Kansai Mirai Bank, Kiraboshi Bank and The Joyo Bank....