The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power generated from new mega solar parks to the interstate grid, and improve reliability of the national grid system. The loan will be given to the Power Grid Corporation of India Limited (POWERGRID) and will include subprojects in various locations in India. As an innovative feature, the project is designed to adopt the country systems on both safeguards and procurement at the agency level. This will be the ADB’s first breakthrough of the country system’s application to a specific project.
Latest Current affairs
- IIFA Awards 2023 May 28, 2023The International Indian Film Academy(IIFA) Awards 2023 was held at Yas Island, Abu Dhabi on 28th May 2023. This year’s edition of the International Indian Film Academy Awards (IIFA Awards) saw fan fa
- BharOS May 28, 2023IntroductionIndia, being the second-most populous country in the world, has always been at the forefront of technological advancements. With the rapid growth of the Indian economy, the demand for tech
Award awards BCCI Carolina Marin Chief Justice of India Cochin Shipyard Limited Current Affairs CWG 2018 Dada Saheb Phalke Award DRDO Education Emmanuel Macron Fields Medal French Open French President Games and sports Gandhi Peace Prize General Knowledge GK History IFFI 53 Indian Navy International Film Festival of India ISRO Jnanpith award Kanyashree Prakalpa Mirabai Chanu national National Film Awards Nobel Prize Nobel Prize 2022 Padma Awards Padma Bhushan Padma Shri Padma Vibhushan Polar Satellite Launch Vehicle Rajiv Gandhi Renewable Energy Satish Dhawan Space Centre Satyajit Ray Lifetime Achievement award United Nation WHO World Bank World Championship World HRD Congress