Japan International Cooperation Agency (JICA) has signed a loan agreement for a maximum amount of JPY 10 billion with Tata Cleantech Capital Limited (TCCL), a non-banking financial company, to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the effects of climate change by reducing the emission of greenhouse gas (GHG) in India following the green loan principles.
The loan would be provided through the private sector investment finance scheme of JICA and is co-financing with the Sumitomo Mitsui Banking Corporation (SMBC). TCCL