ADB to provide $231 mn loan to enhance power generation capacity in Assam_00.1
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ADB to provide $231 mn loan to enhance power generation capacity in Assam

ADB to provide $231 mn loan to enhance power generation capacity in Assam_50.1

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.

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Under the project, 120 megawatts (MW) hydroelectric power plant would be constructed. The programme focuses on enhancing the capacity and efficiency of the energy generation and distribution systems in Assam to improve the availability of electricity service to end-users. The programme, including its two previous tranches, focuses on enhancing capacity and efficiency of the energy generation and distribution systems in Assam to improve electricity service to end-users.

Important takeaways for all competitive exams:

  • Chief Minister of Assam: Sarbananda Sonowal; Governor: Prof. Jagdish Mukhi.

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