JNPA Gets $70 Million IFC Blue Financing for Cleaner Ship Operations

JNPA gets $70 million IFC blue financing for cleaner ship operations

JNPA has put the financial implication of the shore-power project at ₹650 crore. The project is expected to cut carbon emissions by 63%

World Bank arm IFC commits ₹672 crore to JNPA for shore power infra

IFC commits $70 million to JNPA for shore-power infrastructure, enabling ships to plug into land electricity and cutting emissions.

IFC to lend $70 million to JN Port for first blue financing in maritime sector

JNPA will become the first Indian port to deploy shore power technology at scale commercially. IFC's long-term financing is expected to support the adoption of this emerging technology and demonstrate a replicable financing model that could facilitate similar investments across other ports in the country.

JNPA, IFC partner on India’s first blue financing for maritime port infrastructure

The Jawaharlal Nehru Port Authority (JNPA) has partnered with the International Finance Corporation (IFC) to establish what the organisations describe as India’s first blue financing framework for the maritime sector, with a US$70 million IFC investment planned for shore power infrastructure at JNPA. The financing will support Shore Power Supply (SPS) systems across JNPA’s terminals, […] <p>The post JNPA, IFC partner on India’s first blue financ…

IFC Agrees $70 Million Blue Loan for JNPA Shore Power Project - India Seatrade News

The International Finance Corporation (IFC), the World Bank’s private investment arm, has agreed to provide a $70 million (about ₹670 crore) loan to the Jawaharlal Nehru Port Authority (JNPA) to finance shore power supply (SPS) infrastructure across its terminals. The 10-year, US dollar-linked external commercial borrowing (ECB), signed in New Delhi on September 24, does […]