The Asian Development Bank (ADB) and the Government of India yesterday signed a $190 million loan to upgrade 754 kilometres of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards that will benefit about 26 million people in 14 districts of Rajasthan. The signatories to the Tranche 2 loan agreement for the […]
The Asian Development Bank (ADB) and the Government of lndia signed here today a $150 Million Loan to finance continued improvements to road connectivity and efficiency of the International Trade Corridor in West Bengal and North-Eastern Region of lndia. The signatories to the Tranche 2 Loan Agreement for the $500 million South Asia Sub-regional Economic […]
The Asian Development Bank (ADB) and the Government of India yesterday signed a $250 million loan to finance the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Prime Minister’s Rural Roads Program (PMGSY). The First Tranche Loan is part of the $500 […]
The Asian Development Bank (ADB) and the Government of India signed here $375 million in loans and grants to develop 800-kilometer Visakhapatnam-Chennai Industrial Corridor, which is the First Phase of a planned 2,500–kilometer long East Coast Economic Corridor (ECEC). The Corridor is expected to spur development on India’s eastern coast in line with the Government […]
Assam power distribution system would see better days. India and the Asian Development Bank (ADB) yesterday signed a $48 million loan to help Assam state continue its drive to improve access to efficient and reliable power in the national capital. This is the second tranche loan of the $300 million multi tranche financing facility for […]
