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Exim Bank's Line of Credit of USD 61.60 million to the Government of the Republic of Kenya
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....epublic of Kenya Export-Import Bank of India (Exim Bank) has concluded an Agreement dated November 16, 2010 with the Government of the Republic of Kenya making available to the latter, a Line of Credit (LOC) of USD 61.60 million (USD sixty one million six hundred thousand) for financing eligible goods and services including consultancy services from India for the purpose of financing Power Tran....
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....Agreement is November 16, 2010. Under the LOC, the last date for opening of Letters of Credit and Disbursement will be 48 months from the scheduled completion date(s) of contract(s) in the case of project exports and 72 months (November 15, 2016) from the execution date of the Credit Agreement in the case of supply contracts. 3. Shipments under the LOC will have to be declared on GR / SDF....