en.Wedoany.com Reported - India's state-owned Power Grid Corporation of India Limited (POWERGRID) has secured a green loan from the Japan Bank for International Cooperation (JBIC) to support the funding needs of the Khavda–Nagpur high-voltage direct current (HVDC) transmission project. This financing facility underscores the strategic collaboration between the two institutions in developing key infrastructure for renewable energy integration, and highlights POWERGRID's commitment to supporting India's energy transition goals while adhering to environmental, social, and governance (ESG) standards.

POWERGRID has integrated ESG principles into its core business operations and established clear ESG visions and targets. The company is committed to achieving net-zero emissions by 2047, zero waste to landfill by 2030, and water positivity by 2030. Headquartered in Tokyo, the Japan Bank for International Cooperation is a policy-based financial institution wholly owned by the Japanese government. Established in 1999, JBIC plays a key role in supporting the sound development of the Japanese and international economies by complementing the financing provided by private financial institutions.

POWERGRID is a leading power transmission utility in India and one of the largest transmission utilities globally, playing a pivotal role in integrating renewable energy into the national grid. As of May 31, 2026, the company owns and operates 185,750 circuit kilometers (ckm) of transmission lines and 291 substations with a transformation capacity of 630,516 megavolt-amperes (MVA). Its extra-high voltage transmission network covers the entire country and includes cross-border interconnections. By adopting advanced technologies, enhancing automation, and implementing digital solutions, POWERGRID consistently maintains a transmission system availability rate of over 99.5%. In addition to its transmission business, the company has also expanded into consulting and telecommunications services.