ADB to provide $150-m loan for building transmission lines in Rajasthan
i. The Asian Development Bank has agreed to give $150-million loan to the Government of India to help build transmission lines for renewable energy in Rajasthan.
ii. The Government of India and ADB have signed two loan agreements. The loans form the first tranche of the $500-million Rajasthan Renewable Energy Transmission Investment Program approved by ADB in 2013.
iii. The loans will be used to finance high-voltage transmission lines and sub-stations to be built by Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPNL).
i. The Asian Development Bank has agreed to give $150-million loan to the Government of India to help build transmission lines for renewable energy in Rajasthan.
ii. The Government of India and ADB have signed two loan agreements. The loans form the first tranche of the $500-million Rajasthan Renewable Energy Transmission Investment Program approved by ADB in 2013.
iii. The loans will be used to finance high-voltage transmission lines and sub-stations to be built by Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPNL).
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