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India, Japan exchange ODA Notes worth Rs 8632 Cr today
By TII News Service
Jun 06, 2011 , New Delhi

    

INDIA and Japan today exchanged Notes worth Rs 8632 Crore here in the National Capital. By signing the Notes the Japan committed an amount of Yen 155.549 billion (about Rs 8632 crore) to fund the seven projects in India.

With today's Exchange of Notes, the cumulative commitment of ODA from Japan has reached JPY 3320.369 billion. However, India continues to be the highest recipient of ODA from Japan. The details of the projects are as follows:

S.No .

Name of the Project

Loan amount

 
 

Rs. crore

1.

Andhra Pradesh High Voltage Distribution System Project (Power Sector)

1031.74

2.

Madhya Pradesh Transmission System Modernization Project (Power Sector)

1024.36

3.

Micro, Small and Medium Enterprises Energy Saving Project (Phase 2) (Financial Services Sector)

1665.00

4.

New and Renewable Energy Development Project (Energy Sector)

1665.00

5.

Bangalore Metro Rail Project (II) (Urban Transport Sector)

1100.67

6.

Bihar National Highway Improvement Project (Road Sector)

1271.11

7.

Rajasthan Forestry and Biodiversity Project (Phase2) (Forestry Sector)

874.06

 

Total

8631.94

 
 
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