Centre signs $304 mn pact with AIIB for power transmission network in Assam

By Biju KumarFebruary 24, 2021

The Centre on Tuesday signed an

agreement with Asian Infrastructure Investment Bank (AIIB) for borrowing $304 million (over Rs 2,200 crore) to improve power transmission network in Assam.

According to an official release here, the fund will be utilised for the ‘Assam Intra-State Transmission System Enhancement Project’, aiming to improve reliability, capacity and security of the power transmission network in the state.