The Asian Development Bank (ADB) is expected to grant $200 million loan
(approx Rs 900 crore) in three instalments to India for financing power projects
in Assam.
ADB will provide the funds in three trenches of $60.3 million, $89.7 million
and $50 million.
The Union Government and ADB on 15 February 2010 signed an agreement for
$60.3 million loan as the first tranche under ADB's multi-tranche financing
facility (MFF) for Assam power sector enhancement investment programme.
Also See:
ADB
funds for Jharkhand road project (04-Dec-09)