Page-5 of Asian Development Bank Current Affairs, GK & News

USD 250 million loan signed with ADB

The Government of India has signed a USD 250 million loan with the Asian Development Bank (ADB) for expanding the energy efficiency investments in the country. The loan amount will be utilized by the Government of India’s, world’s largest public Energy Service Company(ESCO), Energy Efficiency Services Limited(EESL) that will benefit agricultural, institutional and residential consumers. ..

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USD 206 Million loan agreement signed with ADB for Strengthening Urban Services in Tamil Nadu

The Government of India and the Asian Development Bank (ADB) has signed a USD 206 million loan deal on Monday, 2nd December 2019 for developing sewage infrastructure and water supply in 5 cities of Tamil Nadu. For improving the service delivery, the loan deal will further work on strengthening the capacities of the urban local ..

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Appointments made on 2nd December 2019

Lieutenant General Podali Shankar Rajeshwar, took over as the Commander-in-Chief of the Andaman and Nicobar Command (CINCAN) on Monday, 2nd December 2019. Lt Gen Rajeshwar is a graduate of the Indian Military Academy (IMA). In December 1980, he was commissioned into the Regiment of Artillery. He had taken part in Operation Rakshak and Operation Meghdoot ..

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ADB, India sign $451 million loan to strengthen Power Connectivity in Tamil Nadu

Government of India and Asian Development Bank (ADB) has signed a $451 million loan for strengthening power connectivity between northern and southern parts of Chennai–Kanyakumari Industrial Corridor (CKIC) which is part of East Coast Economic Corridor (ECEC). ECEC is India’s first coastal economic corridor. Key Highlights of Project It will help establish extra-high-voltage transmission link ..

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GoI and ADB sign USD 451 Million Loan Agreement to Strengthen Power Connectivity in Tamil Nadu

The Asian Development Bank (ADB) and the Government of India (GoI) have signed a USD 451 Million(approx Rs 3,200 crore) Loan Agreement for strengthening the power connectivity between the northern and the southern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC). CKIC will also build an operational capacity for Tamil Nadu Transmission Corporation(TANTRANSCO), for which ADB ..

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