New Delhi, Aug. 29 -- Power Finance Corporation (PFC), a Maharatna PSU and a leading NBFC in the Indian power sector, has signed a landmark loan agreement of JPY 60 billion with the Japan Bank for International Cooperation (JBIC). This deal strengthens economic ties between India and Japan but also marks a crucial step in the field of sustainable development.

The financing, falling under JBIC's "Global action for Reconciling Economic growth and ENvironmentalpreservation (GREEN)" initiative, with co-financing support from Sumitomo Mitsui Banking Corporation and other Japanese banks.

The loan agreement was signed at JBIC Head, Tokyo, Japan, on 29th August 2025 by Parminder Chopra, CMD, PFC and Nobumitsu Hayashi, Governor, JBIC in the pres...