IFC to lend $70 million to JN Port for maritime sector's first blue financing
The Economic Times reports that JNPA will become the first Indian port to deploy shore power technology commercially at scale. IFC's long-term financing is expected to support its adoption.
TLDR
The Economic Times reports that IFC plans to lend $70 million to JN Port for the maritime sector's first blue financing. JNPA will become the first Indian port to deploy shore power technology commercially at scale. The financing is expected to support that effort and demonstrate a model that could help fund similar investments at other Indian ports.
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