{"id":299514,"date":"2019-11-05T12:01:05","date_gmt":"2019-11-05T06:31:05","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299514"},"modified":"2019-11-05T12:09:01","modified_gmt":"2019-11-05T06:39:01","slug":"adb-clears-451-m-loan-for-power-connectivity-in-chennai-kanyakumari-industrial-corridor","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adb-clears-451-m-loan-for-power-connectivity-in-chennai-kanyakumari-industrial-corridor\/","title":{"rendered":"ADB clears $451-m loan for power connectivity in Chennai-Kanyakumari Industrial Corridor"},"content":{"rendered":"<p>Asian Development Bank (ADB) has approved a $451-million loan to strengthen power connectivity between the southern and northern parts of the Chennai\u2013Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. <\/p>\n<p>The ADB project will allow more power, including renewable energy, to be transferred from new generation facilities in the south CKIC to the north, where it is most in demand,\u201d said ADB Principal Energy Specialist for South Asia Pradeep Perera. \u201cThis will help promote economic development by delivering a more reliable and competitive power supply for industry and services in the State, which will in turn spur jobs and improve livelihoods,\u201d he said in press release. <\/p>\n<p>The State is aiming to develop the northern Chennai\u2013Tiruchirappalli area of CKIC as a manufacturing centre while targeting the relatively less developed southern Madurai\u2013Thoothukudi portion for the development of renewable energy-based power generation because of the availability of wind and solar resources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian Development Bank (ADB) has approved a $451-million loan to strengthen power connectivity between the southern and northern parts of the Chennai\u2013Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. The ADB project will allow more power, including renewable energy, to be transferred from new generation facilities in the south CKIC to the north, where it is most in demand,\u201d said ADB Principal Energy Specialist for South Asia Pradeep Perera. \u201cThis will help promote economic development by delivering a more reliable and competitive power supply for industry and services in the State, which will in turn spur jobs and improve livelihoods,\u201d he [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-299514","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299514"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299514\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}