New Delhi: NLC India Limited has finalized its maiden Green Loan under External Commercial Borrowings (ECB) framework, equivalent to USD 100 million in Japanese Yen (JPY), with Sumitomo Mitsui Banking Corporation (SMBC)

NLC India Limited (NLCIL), a Navratna public sector enterprise under the Ministry of Coal, signed an agreement for securing an External Commercial Borrowing (ECB) term loan in Japanese Yen 154.64 billion (equivalent to USD 100 million) from Sumitomo Mitsui Banking Corporation (SMBC) on 08.12.2025 for its renewable power development. This low cost funding will help to optimize margins on Renewable Energy projects in NLCIL.

The proceeds will exclusively finance capital expenditure of renewable energy projects executed through NLCIL's renewable energy subsidiary, NLC India

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