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Government of India and Asian Development Bank (ADB) sign $48 Million Loan to improve Assamís Power Distribution System

News and Press Release - Dated:- 8-11-2016 - The Asian Development Bank (ADB) and the Government of India yesterday signed a $48 million loan to help Assam state continue its drive to improve access to efficient and reliable power in the national cap .....

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f its power distribution system to improve electricity service to end users. The first tranche loan of $50 million was signed in February 2015. Increased access to reliable and modern power supply for remote communities can help meet growing demand. .....

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f of ADB. Given that a sustainable power supply is critical for facilitating growth and creating employment opportunities, this project will help Assam attract investment and tap its economic potential, in addition to reducing power outages, said Mr. .....

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