Which of these financial institution has entered into an agreement with Tata Power Delhi Distri...........

Current GK (SBI-CL) States Updates

Which of these financial institution has entered into an agreement with Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power),to enhance Delhi’s power distribution?

Asian Development Bank (ADB)

The European Investment Bank(EIB)

The African Development Bank(AFDB)

Interamerican Development Bank(IDB )

Explanation:

The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), entered into an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2 million) to enhance Delhi’s power distribution.