ADB Approves ₹13.9 Billion Loan to Upgrade Bengaluru’s Power Distribution System

The aid will include ₹7.36 billion as a sovereign loan and ₹6.62 billion as a non-sovereign loan

December 7, 2020

/ Rakesh Ranjan
/ Finance and M&A, Other
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


In a significant development, the Asian Development Bank (ADB) has approved a loan of $190 million (~₹13.9 billion) to upgrade the existing power distribution system in the city of Bengaluru in Karnataka, according to a press release.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Rakesh Ranjan

More articles from Rakesh Ranjan.
ADBBengaluruBESCOMDISCOMKarnatakapower distribution
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS