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ADB loan for Assam

Thursday, 19 Nov 2009
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The Asian Development Bank (ADB) has approved a $200 million (approx Rs 920 crore0 loan for 'Power Sector Enhancement Investment Program' in Assam.

ADB has provided funds to improve transmission and distribution infrastructure, including reducing system losses.

It is expected to lend technical assistance to lay the groundwork for the development of off-grid renewable power pilot projects, targeted at remote rural communities, and to strengthen the management capacity of the state power companies.

Also See:

ADB to provide up to $700 mln loan (17-Nov-09)

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