The Asian Development Bank (ADB) has approved how much fund for Reliance Bangladesh Liquefied Natural Gas (LNG)?
Q. The Asian Development Bank (ADB) has approved how much fund for Reliance Bangladesh Liquefied Natural Gas (LNG)?
Answer: $583 million
Notes: The Asian Development Bank (ADB) has approved debt financing and partial risk guarantee of $583 million to develop Reliance Power’s 750MW LNG based combined cycle power plant and LNG terminal project in Bangladesh. ADB’s financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The total project cost is approximately $1 billion.

 

This question is part of Current Affairs Daily 20 MCQ Series Course on GKToday Android app.