AIIB Loan Current Affairs, GK & News

AIIB: Investment in Asia’s Data Infrastructure

The Asian Infrastructure Investment Bank (AIIB) is set to invest $150 million in the development of data centers to mostly serve emerging Asia. Highlights AIIB will channelise funds through the Keppel Data Centre Fund II (KDCF II), which is a private equity vehicle. It is managed by Alpha Investment Partners Limited (Alpha). It is going ..

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AIIB to provide $304 million for Assam Power Transmission Project

The Finance Ministry has announced that, the Central government has signed a loan agreement with the Asian Infrastructure Investment Bank (AIIB) for the Assam Power Transmission Project. Key Points The loan agreement was signed worth $304 million. This loan will be used for strengthening electricity transmission system in the state of Assam. The agreement for ..

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