World Bank loan for MP solar plant


The World Bank has agreed to provide a loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar project in Madhya Pradesh, a state government official stated.

It will provide 25% of the loan amount under its Clean Technology Fund, where the money will be provided at an interest rate of only 0.25%. 
This would be the first solar power project in the country to receive a loan under Clean Technology Fund (CTF).



What can be the possible questions from above news:

Q1. Name the Solar Power Plant, in which the World Bank has agreed to provide a loan to develop internal transmission arrangements, recently.


Share your answer in the comment section



Source- The Hindu

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