Project

Rubber tree plantation

Electric efficiency improvement at vehicle factory

Waste heat recovery generation at cement industry

Ultra-supercritical coal-fired power generation

Solar power generation plant

Reference

[41]

[41]

[41]

[42]

[43]

Country

Cambodia

China

China

Philippines

India

Technology area

Afforestation

Energy efficiency

Waste heat recovery

High efficiency power generation

Renewables

IRR(1)

5.1% (35 yrs)

8% (10 yrs)

6.5% (10 yrs)

23.1%

10.84% (7 yrs)

Benchmark IRR(2)

15%

11%

11%

11%

14%

Cf: rate of sovereign bond

(Not issued)

4.1%

4.1%

3.9%

8.7%

Screening result

JICA ODA loan

JBIC, JICA private sector investment finance

JICA ODA loan

Private lending

JBIC, JICA private sector investment finance