ADB to provide $ 500 mn Loan for sustainable projects in India

The Government of India and the Asian Development Bank (ADB) has signed a USD 500 million (about Rs 4,250 crore) loan to support green and sustainable infrastructure projects aligned with the country's climate commitments. The ADB loan, with a sovereign guarantee, will be extended to the India Infrastructure Finance Company Ltd (IIFCL), the finance ministry said in a statement on Monday.
 

 

 

 

https://economictimes.indiatimes.com/news/economy/infrastructure/asian-development-bank-to-provide-500-million-loan-to-support-sustainable-infra-projects-in-india/articleshow/116606856.cms

 

 

 

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