ADB approves USD 2.5 million technical assistance for advanced biofuel development in India

Multilateral lending agency Asian Development Bank (ADB) on Monday said it has approved a USD 2.5 million (about Rs 18 crore) technical assistance to support advanced biofuel development in India.

The grant is funded from the Asia Clean Energy Fund, financed by the Government of Japan under the Clean Energy Financing Partnership Facility, and the Republic of Korea’s e-Asia and Knowledge Partnership Fund.

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