SJVN secures Rs 9.15 billion green financing from JBIC

SJVN Limited has secured Rs 9.15 billion green finance from Japan Bank for International Cooperation (JBIC) to fund its 90 MW Omkareshwar floating solar power project in Madhya Pradesh and the 100 MW Raghanesda solar power project in Gujarat. The loan is co-financed by Japanese private financial institutions. SJVN and JBIC virtually inked the facility agreement under the Global Action for Reconciling Economic Growth and Environ­mental Preservation (GREEN) Programme of JBIC.