JOURNAL ARTICLE

Indian govt., ADB sign USD 800-mln financing agreements for development projects in three states.

  • Published In: Project Reporters, 2025. P. N.PAG 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

The article discusses the recent loan agreements between the Government of India and the Asian Development Bank (ADB), totaling over USD 800 million, aimed at supporting development projects in Maharashtra, Madhya Pradesh, and Gujarat. The Maharashtra Power Distribution Enhancement Programme will receive a USD 500 million loan to modernize rural power infrastructure and promote solar energy for agriculture, targeting daytime solar electricity for 900,000 agricultural consumers by 2028. The Indore Metro Rail Project in Madhya Pradesh will be funded with approximately USD 190.6 million to enhance urban mobility, while a USD 109.97 million loan in Gujarat will support skills development programs in various sectors. Additionally, a USD one million Technical Assistance grant will aid the SWIFT Project in Assam, focusing on wetland ecosystems and fisheries. [Extracted from the article]

Additional Information

  • Source:Project Reporters. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:189733016
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