The Notes were exchanged here today between Shri Rajesh Khullar, Joint Secretary, Department of Economic Affairs, Ministry of Finance, Government of India and Mr.Takeshi Yagi, Ambassador of Japan to India. Through this Exchange of Notes, Japan has committed JICA ODA loan for an amount of Yen 50 billion (Rs.2620 crore approx. at Exchange Rate of : Rs.1=Yen 1.91) for the PPP Infrastructure Financing Project of IIFCL.
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