(EnergyAsia, September 27 2010, Monday) — The Manila, Philippines-based Asian Development Bank (ADB) said it has approved a US$100 million equivalent loan for the Bangladesh-India Electrical Grid Interconnection Project, a cross-border electricity initiative between India and Bangladesh to encourage power trading in South Asia. The loan has a 32-year term includes a grace period of…
ASIA: ADB makes US$100 million loan to boost South Asia energy trade
Posted on September 26, 2010 by EnergyAsia