The Japanese bank for International Cooperation (JBIC) and the Japanese International Cooperation

Angency (JICA) are two of the country’s leading angencies that work with Japanese industry overseas.
They provide loans and guarantees to promote exports of Japanese equipment; a finance agency that
promotes development projects. These banks are connected to other major commercial banks from
Japan such as the country’s largest, the Bank of Tokyo-Mitsubishi UFJ, the Sumitomo Mitsui Banking
Corporation, and Mizuho Bank. They are well-known for financing and exporting HELE coal technologies-
minimizing emissions from coal plants without compromising reliability and security of supply. These
banks aim to develop emerging technologies.

 advanced Ultra-supercritical pulverized coal (USC) using higher temperatures and pressures to
improve the efficiency of coal stations to 46%
 to develop cost-efficient technologies for carbon capture and storage (CCS) along with CCU
sometime after 2025; and
 to develop hydrogen power generation technology by around 2030

The proposed coal-fired diesel hybrid power plant cost preparation is provided through debts financing
in the form of direct loan and vendor finance through commercial bank. The sixty percent (60%) are
from the investors, the ten percent (10%) bank loans and lease finance is provided by the Japanese Bank
For International Cooperation and the Japanese International Cooperation Angency, and the remaining
thirty percent (30%) is provided by the national government.

The Japanese bank for International Cooperation (JBIC) and the Japanese International Cooperation
Angency (JICA) guarantees the exports of Japanese equipment (HELE-coal technologies for minimizing
emissions from coal plants) to the project and such as manufacturer of boilers, turbines and generators
provides the finance. The interest rate and repayments are arranged and agreed between the Project
and JBIC.