{"id":299673,"date":"2019-11-06T12:03:13","date_gmt":"2019-11-06T06:33:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299673"},"modified":"2019-11-06T12:03:13","modified_gmt":"2019-11-06T06:33:13","slug":"tamil-nadu-to-get-451-million-adb-loan-to-boost-power-connectivity","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tamil-nadu-to-get-451-million-adb-loan-to-boost-power-connectivity\/","title":{"rendered":"Tamil Nadu to get $451 million ADB loan to boost power connectivity"},"content":{"rendered":"<p>Tamil Nadu is getting a sum of $451-million as a loan from Asian Development Bank (ADB) to beef up the power infrastructure in the state. Asian Development Bank (ADB) has recently 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>\u201cThe 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. This 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 Pradeep Perera, ADB principal energy specialist for South Asia, said. The state has identified quality infrastructure, including a reliable power supply as a key prerequisite for further economic development. As a key component, ADB has been assisting in developing CKIC, which covers 23 of the state\u2019s 32 districts and 70% of its population.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tamil Nadu is getting a sum of $451-million as a loan from Asian Development Bank (ADB) to beef up the power infrastructure in the state. Asian Development Bank (ADB) has recently 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. \u201cThe 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. This will help promote economic development by delivering a more reliable and competitive power supply for [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-299673","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299673","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299673"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299673\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}