Millennium Post

Rs 2,620-cr Japan loan for IIFCL PPP funding project

Japan on Friday committed Rs 2,620 crore development loan assistance to India for PPP infrastructure financing project of IIFCL. Japan has committed a loan for an amount of Yen 50 billion (Rs 2620 crore approx) for the PPP infrastructure financing project of IIFCL, Finance Ministry said in a statement.

Department of Economic Affairs Joint Secretary Rajesh Khullar and Ambassador of Japan to India Takeshi Yagi, among others, were present at the event.

India and Japan have had a long and fruitful history of bilateral development cooperation since 1958.
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