ADB & India sign $231 million loan to enhance power generation capacity in Assam
- The Asian Development Bank (ADB) has signed a $ 231 million loan with the Government of India on 30 December 2020 to augment electricity generation capacity in the state of Assam.
- This is the third tranche loan for the ‘Assam Power Sector Investment Programme’ that was approved by the ADB Board in July 2014.
- Under the project, 120 megawatts (MW) hydroelectric power plant would be constructed.
- The programme, focuses on enhancing capacity and efficiency of the energy generation and distribution systems in Assam to improve availabilty of electricity service to end users.
Source: PIB