Tag Archives: JICA

Ahmedabad Metro LA signing March 4 2016

JICA extends ODA loan of Rs.4,870 cr for Ahmedabad Metro Project

JICA extends ODA loan of Rs.4,870 cr for Ahmedabad Metro Project

Japan International Cooperation Agency (JICA) has signed an agreement with the Government of India to provide 82.434 billion Japanese Yen (about Rs.4,870 crore) Official Development Assistance (ODA) loan for the development of the metro rail system in Ahmedabad, Gujarat. The ODA loan’s conditions are very concessional, i.e. 1.4 per cent of interest rate and 30

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