Categories: Agreements

ADB sign $132.8 million loan agreement for Meghalaya’s Power supply

The ADB seal at the Asian Development Bank building in the Philippines.

The Asian Development Bank (ADB) and the Government of India have signed a USD 132.8 million loan agreement for Meghalaya Power Distribution Sector Improvement Project. The project aims to strengthen and modernize the distribution network and improve the quality of power supplied to households, industries, and businesses in the northeastern state of Meghalaya.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

About the Project:

  • This project supports Meghalaya’s ‘24×7 Power for All’ initiative and will help the State reduce its high technical and commercial losses through network strengthening, metering and billing efficiency improvements.
  • The project will construct 23 substations; renovate and modernise 45 substations, including the addition of control room equipment and protection systems; and install and upgrade 2,214 km of distribution lines and associated facilities covering three out of the six circles in the State.
  • The installation of smart meters will benefit about 180,000 households.

Important takeaways for all competitive exams:

  • Meghalaya Capital: Shillong.
  • Meghalaya Governor: Satya Pal Malik.
  • Meghalaya Chief minister: Conrad Sangma.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Leave a Comment
Share
Published by
Sumit Arora
5 years ago

Recent Posts

Which Country is the Largest Producer of Tamarind in the World?

Did you know that tamarind is one of the most widely used tropical fruits in…

12 hours ago

Which Country is the Largest Olives Producer in the World?

Did you know that olives have been grown for thousands of years and are considered…

14 hours ago

President Droupadi Murmu Launches 4 Major Women Welfare Schemes in Delhi

Honorable President Droupadi Murmu on March 2 2026, launched four women-centric welfare schemes of the…

14 hours ago

Varanasi Creates Guinness Record for Mega Plantation Campaign

Varanasi has entered the Guinness World Records by planting 2,51,446 saplings within one hour. The…

14 hours ago

Alyssa Healy Smashes 158 in Final ODI For Australia & Bid To Good Bye For Game

The former Australia Captain Alyssa Healy retired from all forms of cricket. When Alyssa Healy…

15 hours ago

Kuno National Park Records First Sighting of Endangered Forest Owlet

Just days before the arrival of eight Botswana cheetahs, a major wildlife surprise emerged from…

15 hours ago