Arab Today, arab today adb provides 350m loan for india\s power project
Last Updated : GMT 06:51:55
Arab Today, arab today
Arab Today, arab today

ADB provides $350m loan for India\'s power project

Arab Today, arab today

Arab Today, arab today ADB provides $350m loan for India\'s power project

Manila - XINHUA

The Asian Development Bank (ADB) said on Friday that it has approved a loan of 350 million U.S. dollars for power asset upgrades in Madhya Pradesh, India to meet increasing consumer demand for power. The Manila-based lender said the loan will fund about 1,800 circuit kilometers of transmission lines, more than 3,100 circuit kilometers of distribution lines, and build or upgrade transmission and distribution substations to bring more power to the Madhya Pradesh state. ADB said Madhya Pradesh, whose economy is growing at a quicker rate than the national average, is expected to see its demand for electricity to rise by about 11 percent per year between fiscal years 2013 to 2017. The project will build on previous ADB investments in the state 's power sector totaling 1.3 billion U.S. dollars since 2001. The government of India is providing a counterpart fund of 150 million U.S. dollars for the project which is expected to be completed by December 2018.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adb provides 350m loan for india\s power project Arab Today, arab today adb provides 350m loan for india\s power project

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today adb provides 350m loan for india\s power project Arab Today, arab today adb provides 350m loan for india\s power project

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday