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- This loan, part of JBIC's Global action for Reconciling Economic growth and Environmental preservation (GREEN) initiative, aims to finance PFC's renewable energy projects in India.
- The funds will support India's transition to non-fossil-fuel-based energy sources.
- This deal marks the largest green financing agreement ever executed by JBIC with any company in India.
Question:
1 What is the total amount of the loan agreement signed between Power Finance Corporation (PFC) and the Japan Bank for International Cooperation (JBIC) on January 15, 2025?
- A) 120 billion Japanese yen
- B) 100 billion Japanese yen
- C) 150 billion Japanese yen
- D) 200 billion Japanese yen