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ADB gives $ 346 mn loan for power sector in rural Maharashtra
By : Sustainability ..., Apr 30, 2020
The Asian Development Bank (ADB) on Wednesday said it has approved a USD 346 million (around Rs 2,616 crore) loan to Indian government to provide reliable power connection in rural areas of Maharashtra. Maharashtra is the second-most populous state in India, and about half of...Read more..
Subject Tags: ADB , development loans , Rural Electrification
BRICS bank greenlights new projects in India, Russia & South Africa worth $1.4bn
By : Sustainability ..., Sep 17, 2019
The New Development Bank (NDB) has approved four new infrastructure and development projects with loans totaling $1.4 billion. New investments bring the BRICS bank’s portfolio to 42 projects worth $11.6 billion. The decision to finance the projects in India, Russia, and South...Read more..