ADB to provide USD 500 million loan to support sustainable infra projects in India – Times of India

ADB to provide USD 500 million loan to support sustainable infra projects in India – Times of India

NEW DELHI: The Government of India and the Asian Development Bank (ADB) has signed a USD 500 million (about Rs 4,250 crore) loan to support green and sustainable infrastructure projects aligned with the country’s climate commitments. The ADB loan, with a sovereign guarantee, will be extended to the India Infrastructure Finance Company Ltd (IIFCL), the…

Read More