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Hydel project gets $315 mn ADB loan

Hydel project gets $315 mn ADB loan

A 450 MW hydroelectric project in the Kinnaur district of Himachal Pradesh received $315 million loan assistance from the Asian Development Bank (ADB). The multilateral lending institution entered into a pact to this effect with the Government of India.
The Shongtong Karcham Hydroelectric Project is expected to cost a total of $750 million, with the Himachal Pradesh