国际英语新闻:BRICS New Development Bank signs first loan agreement
SHANGHAI, Dec. 21 (Xinhua) -- The BRICS New Development Bank (NDB) on Tuesday signed its first loan agreement, providing a 525 million yuan (75 million U.S. dollars) loan for a solar project in China.
The loan was given to Shanghai Lingang Distributed Solar Power Project, with a maturity length of 17 years, under an agreement signed between NDB, the Ministry of Finance and the Shanghai municipal government.
"The solar power project is a good example of forward-looking and green investment," said K.V. Kamath, president of NDB.
The project by Shanghai Lingang Hongbo New Energy Development is a solar photovoltaic power plant with total capacity of 100 MW.
NDB, which formally opened in Shanghai July last year, was created with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries.
The bank approved its first package of loans worth 811 million U.S. dollars in April.
相关文章
- 欧美文化:Macron visits Berlin on first foreign trip after re-election
- 欧美文化:Zambia launches mechanism to accelerate private sector development
- 欧美文化:First U.S. private astronaut mission to space station returns to Earth
- 欧美文化:First U.S. private astronaut mission to space station to return at weekend
- 欧美文化:African tourism ministers highlight green tourism, connectivity for tourism development
- 欧美文化:U.S. Senate confirms first African American woman for Supreme Court
- 欧美文化:Biden's extension of payment pause on federal student loans fuels inflation concerns
- 欧美文化:UN chief welcomes Yemen truce agreement
- 欧美文化:UN-Habitat initiates new award to spur urban sustainable development
- 欧美文化:Biden signs bill making lynching federal hate crime