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

China Launches Shenzhou 23 Mission with Three Astronauts for Major Tiangong Space Station Mission

China has launched the Shenzhou 23 spacecraft and sent the three astronauts to its Tiangong…

8 hours ago

Sansad Ratna Awards 2026 Explained: Full Winners List and Why the Parliamentary Honour Matters

For the year 2026, the Sansad Ratna Awards have been announced the outstanding performance by…

8 hours ago

IPL 2026 Playoffs Explained: Qualified Teams, Final Standings, and Rajasthan Royals Qualification

As the IPL now at the climax part, final 4 teams are now officially confirmed…

8 hours ago

Lionel Messi Becomes Billionaire, Joining Cristiano Ronaldo in Historic Football Milestone

Football Icon Lionel Messi has officially enters to the billionaire club and become the only…

9 hours ago

Raghav Chadha Appointed Chairman of Rajya Sabha Committee on Petitions

Rajya Sabha MP Raghav Chadha has been appointed as the new Chairman of the Rajya…

9 hours ago

Indian Army Officer Major Abhilasha Barak Wins Prestigious UN Military Gender Advocate Award

Major Abhilasha Barak who was serving with the United Nations peacekeeping mission in Lebanon has…

10 hours ago