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ADB to Provide USD 100 Million Loan to Boost Power Supply in Bengaluru

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Over 2,800 km of optical fibre cables will be installed to strengthen communication network. Moreover, moving about 7,200 km of distribution lines underground will help reduce technical and commercial losses by about 30 percent. January 4, 2021 The Asian Development Bank (ADB) will provide a USD 100 million (around INR......

USD 69 m loan from ADB for MP Power Investment Programme

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India and the Asian Development Bank (ADB) have signed a USD 69 million loan agreement which is the sixth and final tranche of the USD 620 million Madhya Pradesh Power Sector Investment Programme. The sixth tranche will assist the Madhya Kshetra Vidyut Vitaran Company reduce power transmission and distribution losses in 117 towns. It......
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