ADB Finances Important Transmission Link

The Asian Development Bank (ADB) has announced that it will be providing India's state-owned transmission utility, Power Grid Corporation of India (PGCIL), with a US$750mn loan for a national grid upgrading project. CFW believes that the project could make a material impact in addressing the electricity demand in India's northern states. It also highlights the need for improvement in India's national grid, and this is creating opportunities for the private sector.

To read the full article, please choose one of the following options: