Govt & Asian Development Bank sign several loan agreements to boost infrastructure sector in India

Sakshi Education

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.