1. Floating solar panels, oceanarium top Kerala’s wish-list for Japan loan

Floating solar panels, oceanarium top Kerala’s wish-list for Japan loan

Kerala has pitched for Rs 1,994-crore from India’s Japan International Co-operation Agency...

By: | Thiruvananthapuram | Published: January 14, 2015 12:06 AM

Kerala has pitched for Rs 1,994-crore from India’s Japan International Co-operation Agency  (JICA) credit pool, worth Rs 2,17,000 crore. This would be mainly for improving infrastructure in power, fisheries and drinking water supply sectors.

After Prime Minister Narendra Modi’s Japan visit,  JICA had offered  soft loan to India to the tune of $350 million for infrastructure development. The interest would be as low as 0.8% to 1.4%.  Following this offer, Prime Minister had, in November, asked all state governments to come out with viable project proposals to tap the JICA loan effectively.

The state has prepared  a  dossier that has a clutch of innovative proposals.

“In the power sector, we have proposals for setting up floating solar panels on water bodies like lakes and surfaces of  dam reservoirs. This would be simultaneously cost-efficient and space-efficient. Similary, in the fisheries sector, the state is planning an oceanarium-cum-marine biological park,” State finance minister K M Mani told FE.

The biggest chunk of the loan would be spent on drinking water. As much as Rs 1,247 crore is earmarked for setting up an effective drinking water distribution system.“What’s significant is that this would be almost a one-time expenditure,” says CP John, member, State Planning Board.

Considering the state’s long coastline, the government has also included projects for the fisheries sector in the JICA loan proposals.

  1. I
    illumi
    Mar 9, 2015 at 5:10 am
    o, Are you looking for a business loan,personal loan,home loan,auto loan,student loan,debt consolidation loan,unsecured loan,venture capital etc... Or Were you refused a loan by a bank or any financial insution for one or more reasons.You are in the right place for your loan solutions! I am a private lender,I grant out loans to companies and individuals at a low and affordable interest rate of 3%terest. Contact us via email: LOAN APPLICATION FORM. Your Full Name: Address: Country: State: Loan Amount: : Loan Duration: Phone Number: Fax: Monthly Income: Specific date you need the loan : NOTE:This are needed before we can proceed with the transaction of the loan okay. Regards Mr Berry
    Reply
    1. I
      illumi
      Mar 9, 2015 at 5:09 am
      APPLY FOR A LOAN NOW. o, My name are ILLUMINATI LOANS. I am a private lender who give out loan to private and corporate individuals. Have you been turned down by so many banks? Do you need finance to establish your business, or Do you need urgent finance for the expansion of your business? Or do you need a personal loan? My loan ranges from personal to business loan. My interest rate is 2% and our loan process is very fast as well. I am very willing to make all your financial troubles a thing of the past. If you are really ready to get your financial problems solved,Then search no further and apply for a loan today. If you are interested kindly contact us on this EMAIL ADDRESS;
      Reply

      Go to Top