ADB signs USD 220 million loan to strengthen power sector in Tripura
- ByPassionIT News --
- 2023-01-04
The Asian Development Bank (ADB) and the Government of India has signed a USD 220 million loan under Tripura Power Distribution Strengthening and Generation Efficiency Improvement Project.
The project will support to strengthen power sector through replacement of inefficient power plants, strengthen the distribution network and installation of smart meters that will help increase generation capacity, reduce distribution losses and to meet the increasing electricity demand to boost the state economy.
The project will fund the replacement of Rokhia power plant with a highly efficient combined cycle gas turbine that will reduce greenhouse gas emissions through fuel saving, modernize the state’s power distribution network and build institutional capacity and overall business process of the project executing agencies.
https://www.projectstoday.com/News/ADB-signs-USD-220-million-loan-to-strengthen-power-sector-in-Tripura
Comment