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Asian Development Bank

ADB extends $175 million loan to India’s PGCIL

India’s burgeoning renewable energy capacity is set to receive a boost in the form of a $175 million loan.

India’s ReNew Power secures $390 million in multilateral financing

The independent power producer will use the long-term debt financing to build 398MW of solar capacity in the Indian states of Telangana and Jharkhand, as well as 311 MW of wind farms.

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