Japan to provide over Rs 14k cr loans for infra projects

31 March, New Delhi

Japan will provide Rs 14,251 crore in loans to finance power, rail, road, sanitation and irrigation projects.Loan documents were exchanged between the two sides Thursday, according to an official release.

The list of projects which will get financing from Japan are a transmission system strengthening scheme in Madhya Pradesh, Odisha Integrate Sanitation Improvement project, dedicated freight corridor phase I, North East Road Network Connectivity Improvement project and Jharkhand Horticulture Intensification by Micro Drip Irrigation project.Japan is providing the loan in the form of Official Development Assistance.