State-owned Power Finance Corporation has secured a loan of 1.85 billion Japanese yen (about Rs 105 crore) from JBIC financing.The funds will be used to finance a 11.5 MW waste-to-energy project of KPC Gas Power Corporation in Karnataka.
“PFC on 17th Aug…signed a loan agreement with Japan Bank for International Cooperation (JBIC) for JPY 1.85 billion,” a company statement said.
