Question : WORLD BANK LOAN TO NHPC



(a) the amount of loan provided by the World Bank and other financial institutions to the National Hydroelectric Power Corporation (NHPC);

(b) the amount spent by the National Hydroelectric Power Corporation so far on payment of interest on loans; and

(c) the steps taken so far to repay the loans?

Answer given by the minister

THE MINISTER OF POWER (SHRI SUSHILKUMAR SHINDE)


(a) to (c) : National Hydroelectric Power Corporation Limited (NHPC) has not availed any loan from World Bank. However, NHPC has availed various Export Credits, Official Development Assistance

(ODA) from Japan Bank for International Cooperation (JBIC), untied Nippon Export and Investment of Japan

(NEXI) credit and External Commercial Borrowings (ECBs) from other International Financial Institutions/Banks. The details of these loans and the amount of interest paid by NHPC so far thereon are given in the Annexure. Principal amount of the loans are being repaid by NHPC on respective due dates as per the terms of the respective Loan Agreement.