Power Grid Corporation of India Limited (POWERGRID) secures JPY 80 billion green loan from Japan Bank for International Cooperation (JBIC)

Exam-focused facts from the 9 July 2026 current affairs briefing.

Key facts

Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, secured a green loan worth JPY 80 billion from the Japan Bank for International Cooperation (JBIC).
The loan agreement between POWERGRID and JBIC was signed on June 17, 2026.
The funding will be utilised to finance the Khavda–Nagpur High Voltage Direct Current (HVDC) transmission project to enable large-scale renewable energy integration into the national grid.
POWERGRID has adopted sustainability targets to achieve Net Zero emissions by 2047, zero waste to landfill by 2030, and Net Water Positive status by 2030.
As of May 31, 2026, POWERGRID operates 185,750 circuit kilometres of transmission lines, 291 sub-stations, and 630,516 Mega Volt Amperes of transformation capacity.