India signs $133 million loan agreement with ADB for Meghalaya’s power distribution sector
The government signed a $133 million loan agreement with the Asian Development Bank (ADB) to strengthen the power distribution sector in Meghalaya on Tuesday.
The loan will be supplemented by a $2 million grant from the ADB’s Japan Fund for Poverty Reduction to finance renewable energy projects and for supporting income generation activities for women and other disadvantaged groups, said a finance ministry statement.
