list of loan agreement for India from different organizations 2020-21

list of loans agreement for India from different organizations 2020-21:

Every year India asks for a loan from different organizations. “Loans agreement for India from different organizations” is a topic which becomes the part of each and every competitive exam. So, here we are providing you with a list of loans agreement for India from different organizations in 2021.

Loan 2021 PDF

Loan (October 2021)

Organization/Bank Loan Amount Purpose
World Bank $150 million program to support Chennai’s Sustainable Urban Services and to turn it into a “world-class city”.

This programme will fulfil Tamil Nadu’s vision of making Chennai into a city which is more green, liveable, and resilient towards climate change. Apart from programme in Tamil Nadu.

World Bank $40 million project that will improve the quality of health services in the state Meghalaya.
Asian Development Bank $100 billion an increase in its climate financing goals 2019-2030 for developing member countries (DMCs) by $20 billion to $100 billion.

Earlier in 2018, ADB had announced an $80 billion goal for climate financing for developing countries in Asia during 2019-2030.

Asian Development Bank $4.5 million The Government of India and Asian Development Bank (ADB) signed a $4.5 million project readiness financing (PRF) loan for Mizoram to improve urban mobility in capital city, Aizawl.
Asian Development Bank $251 million for climate-resilient, integrated urban flood protection and management in Chennai–Kosasthalaiyar basin to strengthen the resilience of Chennai city to floods.

It will help residents of Chennai–Kosasthalaiyar basin to cope with intensifying rainfall, a higher sea level rise, and a storm surge caused by cyclones, and protect lives, economy, and environment.

Asian Development Bank $100 million to promote Maharashtra Agribusiness Network (MAGNET) Project to boost farm incomes and reduce food losses in Maharashtra.

ADB will provide a $500,000 technical assistance (TA) grant from its Technical Assistance Special Fund and $2 million from the Japan Fund for Poverty Reduction on a grant basis to improve market linkages for FPOs (Farmer Producer Organizations).

 

Loan (September 2021)

Organization/Bank Loan Amount Purpose
Asian Development Bank (ADB) $150 million (about Rs 1,095 crore) to provide access to inclusive, resilient and sustainable housing for the urban poor in Tamil Nadu.

The state is vital to India’s economic growth, contributing 8.54 per cent to the country’s gross domestic product.

Asian Development Bank (ADB) $112 million to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in the state of Jharkhand.

“The project will be ADB’s first urban project in the state and help establish a model for continuous water supply combined with policy reforms for sustainable operation which can be replicated by other low-income states for providing safe drinking water to urban households as envisaged under national Jal Jeevan Mission.

Asian Development Bank (ADB) $300 million as additional financing to scale up improvement of rural connectivity to help boost rural economy in the state of Maharashtra.

The additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project will help improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 kilometers (km) in 34 districts.

The ongoing project with 200 million dollars financing, approved in August 2019, is already improving and maintaining the condition and safety of 2,100 km of rural roads across Maharashtra.

Asian Development Bank (ADB) $251 Million for urban flood protection and management in the Chennai–Kosasthalaiyar river basin in India.

The project will develop a plan to ensure sustainable operation and maintenance of stormwater drainage systems. The project will also support the GCC to develop a road map to strengthen municipal resource mobilization for delivering sustainable and quality municipal services to the citizens.

Asian Infrastructure Investment Bank (AIIB) $356.67 million to support the expansion of the Chennai metro rail system.

The project involves the construction of a new corridor in Chennai’s metro network as part of Chennai Metro Rail Phase 2.

 

Loan (August 2021)

Organization/Bank Loan Amount Purpose
World Bank $250 million The Government of India, the Central Water Commission, government representatives from 10 participating states and the World Bank signed a $250 million project for long-term dam safety program and improving the safety and performance of existing dams across various states of India.
Asian Development Bank USD 300 million ADB has approved a USD 300 million loans as additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project for upgrading rural roads and connecting remote areas with markets.
Asian Development Bank USD 500 million India has signed a USD 500 million loans agreement with the ADB in order to expand metro rail network in Bengaluru.

Metro Rail Network in Bengaluru will be expanded with the construction of two new metro lines of 56 kilometers.

 

Loan (July 2021)

Organization/Bank Loan Amount Purpose
World Bank $500 million

(about Rs 3,717.28 crore)

to support India’s informal working class to overcome the current pandemic distress.

Of the USD 500 million commitment, USD 112.50 million will be financed by its concessionary lending arm International Development Association and USD 387.50 million will be a loan from International Bank for Reconstruction and Development (IBRD).

 

Loan (June, 2021)

Organization/Bank Loan Amount Purpose
Asian Development Bank (ADB) USD 2.5 million (approx Rs 18.23 crore) A project readiness financing (PRF) loan to Upgrade Road Infrastructure In Sikkim
Asian Development Bank (ADB) USD 484 million to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC) in the state of Tamil Nadu
World Bank USD 500 million A Raising and Accelerating Micro, Small and Medium Enterprise (MSME) Performance (RAMP) Program to help boost India’s MSME sector
World Bank USD 32 million Mizoram Health Systems Strengthening Project for improving healthcare services in Mizoram
World Bank USD 125 million to support Kerala’s preparedness against natural disasters, climate change impacts, disease outbreaks and pandemics
World Bank USD 250 million (Rs 1,860 Crore) for Initiatives of ‘Supporting Andhra’s Learning Transformation’ (SALT) Programme in Andhra Pradesh

 

Loan (April, 2021)

Organization/Bank Loan Amount Purpose
World Bank USD 32 million to improve management capacity and quality of health services in Mizoram.

The project titled “Mizoram Health Systems Strengthening Project” will strengthen the governance and the management structure of the Mizoram Health department and its subsidiaries

World Bank, Asian Infrastructure Investment Bank USD 300 million approved about Rs 2,190 crore for canal-based drinking water projects in Punjab. The project is aimed at ensuring quality drinking water and minimise water losses for Amritsar and Ludhiana.

The entire project will be co-financed by IBRD (World Bank) – USD 105 million, Asian Infrastructure Investment Bank – USD 105 million and the Punjab government – USD 90 million.

Asian Development Bank 484 million USD for CKIC (Chennai-Kanyakumari Industrial Corridor) in Tamil Nadu. The project will upgrade 590 km of state highways in the CKIC influence areas.

The Climate Change adaptation measures are to be incorporated in the highway upgrades. The project is to strengthen road safety programmes through advanced technologies for road monitoring.

Asian Development Bank USD 1.5 billion ADB has provided USD 1.5 billion to India to deal with the COVID-19 pandemic.

The institution had announced a package of USD 20 billion in April 2020 to provide financial support to 26 countries to help fight the pandemic.

 

 Loan (March 2021)

Organization/Bank Loan Amount Purpose
World Bank $100 million The World Bank plans to introduce a $100-million credit guarantee scheme to boost India’s rooftop solar programme, which has not gained enough traction. The scheme will allow micro, small, and medium enterprises (MSMEs) to avail concessional debt financing for setting up rooftop solar units.

The World Bank scheme, along with State Bank of India (SBI) and the MSME ministry to accelerate adoption of rooftop solar units, will help MSMEs access credit of around $1 billion.

 

Loan (February, 2021)

Organization/Bank Loan Amount Purpose
Export-Import Bank of India (Exim Bank) $400 Million It will provide the fund for the Greater Male Connectivity Project.

The Greater Male Connectivity project is the Male to Thilafushi Link project in Maldives.

New Development Bank (NDB) $100 Million to invest into the NIIF Fund of Funds (FoF).

NIIF Fund of Funds (FoF): The FoF was established in the year 2018. It was established with the objective of providing the access of the homegrown Indian private equity fund managers to the institutional investor that operates at scale with focus on India. The FOF has made commitments to four funds till date. The aggregate commitment stands over ₹2,750 crore.

World Bank $100 million Indian Govt and Chhattisgarh Govt has signed a loan for CHIRAAG (Chhattisgarh Inclusive Rural and Accelerated Agriculture Growth) project.

Purpose: Develop sustainable production systems that allow tribal households in remote areas of Chhattisgarh to practice round-the-year production of diversified and nutritious food.

Asian Infrastructure Investment Bank (AIIB) $304 million Assam Intra-State Transmission System Enhancement Project to improve reliability, capacity and security of the power transmission network in the State of Assam.
World Bank 68 million dollars project to enhance the governance of schools across Nagaland as well as to improve teaching practices and learning environments in select schools.

The “Nagaland: Enhancing Classroom Teaching and Resources Project” will improve classroom instruction; create opportunities for the professional development of teachers.

 

Loan (January 2021)

ORGANIZATION/BANK Loan Amount PURPOSE
New Development Bank (NDB) USD 646 million The first project – Andhra Pradesh Roads and Bridges Reconstruction Project – comprises widening 1,600 km of State Highways to double lane

The second project – Andhra Pradesh Mandal Connectivity and Rural Connectivity Improvement Project – comprises widening 1,400 km of district roads to double lane

Asian Development Bank (ADB) $100 Million Upgrade the power distribution system in Bengaluru city.
World Bank $105 Million Improve the inland water transport infrastructure in Kolkata, West Bengal.
ADB $10 million loan to support project horticulture in Himachal Pradesh
ADB $231 million Enhance power generation capacity in Assam
Japan JPY 30 billion (approx. Rs. 2,113 crore) Support COVID-19 relief efforts

Loan (December)

ORGANIZATION/BANK Loan Amount PURPOSE
Asian Development Bank (ADB) $430 million to improve the quality and reliability of electricity supply in Uttar Pradesh in India.

 

ADB $190 million for modernisation and upgradation of power distribution system in Karnataka’s capital city of Bengaluru.
ADB $2.5 million (18Cr.) Technical assistance to support advanced biofuel development in India.
ADB $300 million Strengthen and improve access to comprehensive primary health care in urban areas in India.
ADB $300 million Upgrade power distribution network in Uttar Pradesh
ADB $4.21 million Project readiness financing (PRF) facility for the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastructure in Tripura.
ADB $231 million Lower Kopili Hydroelectric Power (LKHEP) facility in Assam.
ADB 2100 Cr. Rs 1600 crore will be for urban development and Rs 500 crore for the tourism sector.
World Bank $500 million Build safe and green national highway corridors in Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh.
World Bank $400 million Second Accelerating India’s COVID-19 Social Protection Response Programme project will support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic.
World Bank $250 million Second Dam Improvement and Rehabilitation Project (DRIP-2) will improve the safety and performance of existing dams across various states of India.

 

World Bank $100 million CHIRAAG project will develop sustainable production systems that allow tribal households in remote areas of Chhattisgarh to practice round-the-year production of diversified and nutritious food.
World Bank $68 million Nagaland Enhancing Classroom Teaching and Resources Project ($68 million) will improve classroom instruction; create opportunities for the professional development of teachers
United States International Development Finance Corporation (DFC) $54 million Support the development of critical infrastructure projects in the country in the wake of the COVID-19 pandemic.

Loan (November)

ORGANIZATION/BANK Loan Amount PURPOSE
Asian Development Bank USD 50 million To improve operational efficiencies and resource planning and management in West Bengal.
New Development Bank USD 500 million Under the agreement, the New Development Bank is to lend the funds to implement Delhi- Ghaziabad-Meerut Regional Rapid Transit System project.

The funds will be used to provide reliable, fast, safe and comfortable public transport system in the region.

World Bank USD 120 million to modernise transport sector in the state of Meghalaya on November 19, 2020. The project aims to improve 300 km of strategic road segment through climate resilient and nature-based solutions.

 

Germany Bank KfW 545 million Euros (Rs 4,767 crore) to the Mumbai Metropolitan Region Development Authority (MMRDA) for infrastructure projects in Mumbai.

The project cost of the two lines will be about Rs 23,000 crore and the KfW’s loan will amount to roughly Rs 4,000 crore

 

ADB USD 132.8 million Improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya.

Loan (October)

ORGANIZATION/BANK Loan Amount PURPOSE
New Development Bank (NDB) US $500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) project.
New Development Bank (NDB) US $241 million loan for Mumbai metro
Asian Development Bank (ADB) $15 million The Asian Development Bank (ADB) announced that it has signed an agreement to invest $15 million in Avaada Energy Private Limited (AEPL) to help expand the company’s solar generation capacity in the country.

ADB added that this was its second investment in Avaada Energy after the first round of $50 million invested in April 2019.

World Bank 3 Crore for Goa to develop India’s first sand dune parks
under Japan Bank for International Co-operation (JBIC)’s USD 482 million or Rs. 3,582 crore In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s largest power producer today entered into foreign currency loan agreement with Japanese Government’s financial institution for JPY 50 billion (approx. USD 482 million or Rs. 3,582 crore).
Japan Bank for International Cooperation $1 billion The loan will facilitate the operations of Japanese car companies in India. The financing will assist in Government of India’s ‘Make in India’ initiative.

♦Loan (September, 2020)

ORGANIZATION/BANK Loan Amount PURPOSE
European Investment Bank (EIB) 650 million euros Kanpur’s first city metro line.
World Bank   $82 million Himachal Pradesh by improving the condition, safety, resilience, and engineering standards of state road network.
Asian Development Bank (ADB) $500 million Delhi-Meerut Regional Rapid Transit System (RRTS), ADB has approved a loan of $1 billion for the construction of the high speed, Delhi-Meerut Regional Rapid Transit System (RRTS).
Asian Development Bank (ADB) $65.5 million (₹466-crore) Construct and operate a 200-megawatt alternating current solar photovoltaic-based power plant at Raghanesda Solar Park in India’s western state of Gujarat.  Through ENGIE group
Asian Development Bank (ADB) $300 million (₹2200 cr.) Water supply and sanitation infrastructure and services in secondary towns of Rajasthan.
Asian Development Bank (ADB) $270 million (about Rs 1,988 crore) Water supply and integrated storm water and sewage management infrastructure in Madhya Pradesh.

 

Loan (August)

ORGANIZATION/BANK Loan Amount PURPOSE
Asian Development Bank (ADB) Dollar 200 million The Asian Development Bank (ADB) has signed a dollar 200 million financing deal with the Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718 megawatt combined-cycle gas-fired power plant in Bangladesh.
ADB $1 billion loan support construction of the modern, high-speed Delhi–Meerut Regional Rapid Transit System.
Asian Infrastructure Investment Bank (AIIB) USD 500 million Purpose:  Mumbai Urban Transport Project-III to improve the network capacity, service quality and safety of the suburban railway system in Mumbai.

 

♦Loan (July)

ORGANIZATION/BANK Loan Amount PURPOSE
Asian Development Bank (ADB) USD 3 million Asia Pacific Disaster Respond Fund. The bank has provided the grant to support India’s emergency response to the COVID-19 pandemic.
World Bank USD 400 million (about Rs 3,000 crore) for rejuvenating Ganga
World Bank USD 750 million MSMEs to increase liquidity access for viable small businesses impacted by COVID-19.

♦Loan (June)

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $250 million For two projects to help low-income groups in the state get access to affordable housing in Tamilnadu.

$200 million First Tamil Nadu Housing Sector Strengthening Programme and $50 million Tamil Nadu Housing and Habitat Development Project

World Bank USD 500 million (about Rs 3,700 crore) To improve quality and governance of school education in six Indian states.

The board approved a loan for Strengthening Teaching-Learning and Results for States Program (STARS) on June 24, 2020.

AIIB USD 750 million (around Rs 5,714 crore) Help the government strengthen its battle against the adverse impact of Covid-19 on poor and vulnerable households.
World Bank Rs. 1,950 crore W. Bengal Govt for tackling COVID situation
France 200 million euros Support Delhi’s Covid response

 

 

♦May 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank USD 400 million Improve coastal resources in India
AIIB USD 500 million “COVID-19 Emergency Response and Health Systems Preparedness Project”
AIIB USD 145 million Improve irrigation services in West Bengal
ADB USD 177 million To upgrade 450 kilometers (km) of state highways and major district roads in the state of Maharashtra

 

♦April 2020

ORGANIZATION/BANK Loan Amount PURPOSE
ADB 346 million (around Rs 2,616 crore) Provide reliable power connection in rural areas of Maharashtra.

 

ADB USD 1.5 billion (about Rs 11,400 crore) Help fund its fight against coronavirus pandemic.

 

Asian Infrastructure Investment Bank (AIIB) $500 million Help the country improve its health care systems. With this, AIIB has doubled its funds under the COVID-19 Crisis Recovery Facility.

 

World Bank 82 million US dollars (585 crore rupees) For Himachal Pradesh State Roads Transformation Project. The World Bank has approved 82 million US dollars (585 crore rupees) for the Himachal Pradesh State Roads Transformation Project (HPSRTP) for upgradation of major roads and modernization of the Public Works Department in the state.
ADB $60m The Asian Development Bank (ADB) has signed an agreement to lend up to $60 million to Aavas Financiers Ltd , a housing finance company in India, to improve access to housing finance for lower-income borrowers, particularly women.

♦March 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $80 million Govt of Himachal Pradesh for improve water management practices

Aims: The aim is to improve water management practices and increase agricultural productivity in selected Gram Panchayats in Himachal Pradesh

ADB $100 million Asian Development Bank (ADB) on 30th March announced a USD 100 million funding for the Indian infrastructure sector through the government-promoted NIIF. The ADB will be investing in the National Investment and Infrastructure Fund’s (NIIF) “fund of funds” which will ensure that the actual money invested will be a few times more than the USD 100 million.

 

♦February 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $450 million Aims: The World Bank-supported Atal Bhujal Yojana (ABHY) – National Groundwater Management Improvement Program will be implemented in the states of Gujarat, Maharashtra, Haryana, Karnataka, Rajasthan, Madhya Pradesh, and Uttar Pradesh and cover 78 districts.

 

♦January 2020

ORGANIZATION/BANK Loan Amount PURPOSE
World Bank $88 Million The Government of India, the Government of Assam and the World Bank signed a loan agreement of $88 million.

Purpose: Help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra.

World Bank USD 210 Million State of Maharashtra’s Agribusiness and Rural Transformation Project

♦2019

ORGANIZATION/BANK

Loan Amount

PURPOSE

Asian Development Bank $451 mn Strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.

The total cost of the project is $653.5 million, of which the government will provide $202.5 million, the Manila-headquartered multilateral agency.

 

Asian Infrastructure Investment Bank $2.2-billion Beijing-based Asian Infrastructure Investment Bank (AIIB) is evaluating loans worth over $2.2 billion for funding power transmission and distribution projects in Assam, metro rail projects in Chennai, Mumbai and rural water supply system in Karnataka.

Since starting operations in 2016, AIIB has invested $2.894 billion in 13 projects in India, including a $500-million loan approved last month to ease congestion in Mumbai- the country’s financial hub- and another $75 million to Tata Cleantech Capital Ltd for on-lending to renewable energy projects.

AIIB has also invested $50 million last month in Oriental Infra Trust, an infrastructure investment trust sponsored by Oriental Structural Engineers Pvt Ltd and Oriental Tollways Pvt Ltd with five operational road assets, consisting of four toll-road assets and one annuity road asset, in the states of Maharashtra, Madhya Pradesh, Uttar Pradesh and Karnataka.

Asian Development Bank (ADB) USD 91 million The Centre and Asian Development Bank (ADB) has signed an agreement to extend 91 million US dollar loan to modernize the Vijayanagara Channel Irrigation Systems and prepare river basin management plans in the Krishna river basin.
Asian Development Bank (ADB) USD 150 mn The Manila-headquartered Asian Development Bank has approved second tranche of USD 150 million (about Rs 1,065 crore) for West Bengal to boost capital investment and infrastructure in the state.
Asian Development Bank (ADB) $451 Million Strengthen Power Connectivity in Tamil Nadu

 

ADB $350 Million Chhattisgarh Road Improvement Project
ADB Rs 1,650cr The Asian Development Bank (ADB) has approved a project submitted by the Urban Development Department (UDD) of Tripura amounting to Rs. 1650 crore for overall infrastructure development of seven districts headquarter towns of Tripura.
Exim Bank $245 million loan agreement with Ghana & Mozambique for agricultural and railway projects

 

World Bank $147 Million To provide basic urban services to the people and help improve the management capacity of the urban local bodies (ULBs) in Jharkhand, the World Bank approved a $147 million loan agreement to the state.
World Bank $31.58 mn loan for Uttarakhand Public Financial Management Strengthening Project

 

World Bank $ 400M The World Bank and the Government of India signed a loan agreement of $400 Million for the Program Towards Elimination of Tuberculosis(TB), which kills approximately half a million people in India every year. The program will cover nine States of India.
World Bank $328M World Bank, Government of India and State Government of Andra Pradesh signed a loan agreement worth of $328 million with the World Bank (WB) for improving health services of Andhra Pradesh.
World Bank $250 million Develop Rajasthan’s Roads and Highways
World Bank $250-m The Government of India, State Government of Kerala and World Bank signed a loan agreement of $250 million (Rs 1,725 crore) for the Kerala Resilient Programme.
World Bank $287 Mn The Government of India, Tamil Nadu, and the World Bank signed a $287 million loan agreement for the state’s Health System Reform Programme in New Delhi. It is aimed to improve the quality of health care, reduce the burden of non-communicable diseases (NCDs) and fill equity gaps in reproductive and child health services.
Asian Infrastructure Investment Bank (AIIB) USD 455 Million Andhra Pradesh Rural Roads Project
Asian Development Bank (ADB) USD 926 Million Mumbai Metro Rail Project
ADB USD 26 million For improving drainage infrastructure in Dibrugarh town of Assam
Asian Development Bank (ADB)

 

USD50 million Invest in India’s renewable energy producer company Avaada Energy Private Limited (AEPL).

 

World Bank USD 25.2 Million Chhattisgarh Public Financial Management and Accountability Program
World Bank USD 96 Million Additional Financing for Uttarakhand Disaster Recovery Project
World Bank 250 Million For National Rural Economic Transformation Project (NRETP)
World Bank Rs. 2200 crores ($328-million) For Andhra Pradesh Health Systems Strengthening Project (APHSSP)
World Bank $137 Million For the Additional Financing of the Dam Rehabilitation and Improvement Project (DRIP), Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu and Uttarakhand.

 

ADB $750-mn loan to fund railway track electrification in India
World Bank $35 million World Bank to invest $35 million in Manapurram Finance
ADB $350million State and District Roads in Chhattisgarh
World Bank $287milliom Tamil Nadu Health System Reform Programme
AIIB $100 million L&T(Larsen & Toubro) Infrastructure Finance Company(LTIF) for wind and solar infrastructure projects. This is the first time AIIB is extending loan to a non-banking finance company(NBFC)
ADB $ 200 million Asian Development Bank (ADB) approved $200 million loans for improving road infrastructure in 34 districts of Maharashtra to connect rural areas with markets and services. The total cost of the project is $296 million. The government will provide $96 million.
ADB $ 23 million In order to support road sector investment plans of the Indian government, Asian Development Bank(ADB)has signed an agreement to invest $23 million in non-convertible debentures (NCD) being issued by GRIL( GR Infraprojects Limited).
ADB

 

 

 

 

200 Million loan to upgrade about 2,100 kilometers of rural roads to all-weather standards in Maharashtra’s 34 districts for better connecting rural areas with markets and services.

 

ADB $190 million Upgrade 754 kilometres of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards in Rajasthan
World Bank $165 million Support smallholder farmers in the state.

Aims: The project “The Odisha Integrated Irrigation Project for Climate Resilient Agriculture” will be implemented in Odisha’s rural areas which are vulnerable to droughts and largely dependent on rainfed agriculture.

New development bank USD 800 milllion for Brazil and India New development bank will provide a sovereign loan of USD 500 million to the Federative Republic of Brazil for the Fundo Clima – Brazil National Climate Fund Project.

Aimed: capitalizing Fundo Clima to expand its on-lending operations to sub-projects contributing to climate change mitigation and adaptation.

Bank provide a loan of USD 300 million to REC Limited to support the Government of India’s increasing investment in the renewable energy sector.

The Project is aimed: At improving the energy mix in India by providing funds for the construction and commissioning of renewable energy sub-projects. The Project will create jobs and contribute to the reduction of carbon emissions and environmental pollution.

ADB $206 million Develop water supply and sewerage infrastructure in 5 cities of Tamil Nadu
ADB $250 Million to expand energy efficiency investments in India
ADB $ 490 Million for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh.
AIIB $210 million for irrigation & solar energy projects in India

 

Click here to Read more important Updates

3

Leave a Reply