Govt & Asian Development Bank sign several loan agreements to boost infrastructure sector in India
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- Several loan agreements have been signed today by the Government and the Asian Development Bank to boost the infrastructure sector in the country.
- A loan agreement was signed worth 350 million US dollars to improve connectivity in Maharashtra, and a loan agreement worth 300 million US dollars will be utilised to upgrade over 300 kilometres of State highways and major district roads in Assam.
- To improve energy security, quality of supply, efficiency, and resilience of the power sector in Tripura, the Asian Development Bank and the Government has signed a 220 million dollar loan agreement.
- A loan agreement worth 350 million US dollars was signed to build new lines and improve the connectivity of the metro rail system in Chennai.
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Published date : 04 Jan 2023 06:25PM