BMRCL said JICA will provide Rs 6,100 crore as the first tranche of the Rs 6,775 crore senior debt approved by the Centre for Phase 3.
JICA sanctions long-term loan of USD 125 million to LTFH; according to the NBFC’s press statement.
Finance minister P Chidambaram is in Japan on a roadshow to attract foreign investment. On the first day, he met with the representatives of various trade and industry bodies and the Japanese Prime Minister.