ADB & India Signs USD 250 million loan to expand energy efficiency investments

ADB & India Signs USD 250 million loan to expand energy efficiency investments

  • The Asian Development Bank (ADB) and the Government of India has signed a $250 million loan to Energy Efficiency Services Limited (EESL) on 16 December 2019 to expand energy efficiency investments in India.
  • In addition to the above, USD 46 million financing will be provided from the Clean Technology Fund (CTF), to be administered by ADB.
  • ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.

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