This is the second tranche loan of the USD 300 million multi-tranche financing facility for the Assam Power Sector Investment Programme that was approved by the ADB Board in July 2014. The project will help Assam to enhance capacity and efficiency of its power distribution system to improve electricity service to end user.
So, let’s discuss some questions related to this post:
Q1. Name the bank, which has signed a $48 million loan deal to help Assam improve its electricity power distribution system?
Answer: Asian Development Bank
Source – The Hindu