Common Contracts
1 similar Oda Loan Agreement contracts
Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Yasuda) signed on October 14, 1999, an ODA Loan Agreement totaling up to 18,332 million yen to finance "Severnaya Gas Combined Cycle Power Project (II)" in Azerbaijan.Oda Loan Agreement • April 23rd, 2020
This is the second ODA Loan provided to Azerbaijan Republic, following the first commitment totaling 20,699 million yen extended for "Severnaya Gas Combined Cycle Power Project". The proceeds of the loan will be used to construct a highly- efficient natural gas-fired power plant, thereby helping reduce the level of air pollution and curb the emission of global-warming gas. Accordingly, the most concessional interest rate for special environmental projects is applied to this project; the loan condition is an interest rate of 0.75% and repayment period of 40 years (including 10 years of grace period). This is the first ODA Loan commitment provided by the newly created JBIC.
