News

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

wirecableJanuary 6, 2021January 27, 2021

January 6, 2021January 27, 2021

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......

Uttarakhand to get USD 300 million loan from ADB

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

March 30, 2013 The Asian Development Bank has decided to extend a loan of USD 300 million to Uttarakhand to help the state government accelerate work on power generation and transmission projects, Chief Minister Vijay Bahuguna has said. At a review meeting with power department officials, Bahuguna said the ADB......

USD 69 m loan from ADB for MP Power Investment Programme

wirecableMay 26, 2011May 26, 2011

May 26, 2011May 26, 2011

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......