ADB & India sign $231 million loan to enhance power generation capacity in Assam

Current GK ( Master) International Funding institutions

The Asian Development Bank (ADB) has signed a $ 231 million loan with the Government of India to augment electricity generation capacity in the state of Assam.
This is the third tranche loan for the ‘Assam Power Sector Investment Programme’ that was approved by the ADB Board in July 2014.
Under the project, 120 megawatts (MW) hydroelectric power plant would be constructed.
The programme, focuses on enhancing capacity and efficiency of the energy generation and distribution systems in Assam to improve availabilty of electricity service to end users.