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Japan Bank for International Cooperation (JBIC)
JBIC signed a new Loan Agreement on March 31, 2003 for the current YAP-II Project as a continuation and expansion of the Phase I program. The YAP-II budget was established in December 2002 at Rs.624 crore distributed as follows: Delhi – Rs.387 crore; Uttar Pradesh – Rs.124 crore; Haryana – Rs.63 crore; and Capacity Building in NRCD / PMC / WQ Monitoring / Overseas Training etc.– Rs.50 crore.
The JBIC Loan Agreement provided for financial assistance of ¥ 13.33 Billion, or approximately 85 percent of the overall project budget. Loan summary is as follows:
| L/A No. |
ID-P149 |
| L/A Conclusion |
March 31, 2003 |
| L/A Effectiveness |
March 31, 2003 |
| L/A Close |
March 31, 2010 |
| L/A Amount |
13,333 million Yen |
| Cumulative Approved Contract Amount |
| a. Total project amount (loan portion) |
Rs.530 crore
(85% of Rs.624 crore) |
| b. Consultancy services |
INR 21,79,37,748
JPY 21,35,00,000
US$ 5,37,000
Total INR 32,95,94,655 (Eq.) |
| Rate of Interest |
0.75% p.a. |
| Repayment Period (Grace Period) |
40 Years (10 years) |
Further information may be obtained from:
Japan Bank for International Cooperation
3rd Floor, DLF Centre, Sansad Marg,
New Delhi-110001 (INDIA)
Tel: +91-11-2371 4362/63
FAX: +91-11-2371 5066
URL: www.jbic.go.jp
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