ADB clears funds for power infra

    ADB Power Infra
    Injecting a major booster to the power infra of Assam, the Central Government and the Asian Development Bank (ADB) have signed a $48 million loan agreement towards improving Assam's power distribution system. The project will help Assam to enhance capacity and efficiency of its power distribution system to improve electricity service to end-users. This is the second tranche loan of the $300 million multi-tranche financing facility for the Assam Power Sector Investment Program approved by the ADB Board in July 2014 and the first tranche loan of $50 million was signed in February 2015. The loan in question with help strengthen the state's distribution system, improve energy efficiency and reduce technical and commercial losses, said Country Director of ADB's India Resident Mission, M. Teresa Kho.
    CURRENTLY ONLINE
    We have 514 guests and no members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week