India to provide USD 2.5 mn LoC for slolar power plant in Guyana.

Banking & Finance

Exim Bank has inked an agreement with the Guyana government to extend an India-supported line of credit (LoC) of USD 2.50 million for the installation of a solar photo voltaic power plant at Cheddi Jagan International Airport in Guyana.The export of eligible goods and services from India would be allowed, subject to their eligibility under the Foreign Trade Policy of the Indian government and whose purchase may be agreed to be financed by the Export-Import Bank of India under the agreement, the RBI said.


      The agreement supports the installation of a solar PV power plant at Cheddi Jagan International Airport.

      Export of eligible Indian goods and services to Guyana is facilitated under the agreement's terms.

     

 

     


          ____________________________