ADB provides $759 million loans for Smart Grid development in India

The Asian Development Bank will invest $750 million in India for Smart Grid development. The project will enable bulk transfer of 3,000 MW of electricity from independent power producers of Chhatisgarh state to the areas of north India, including national capitol region Delhi, where the demand is high. For this, 1300 km inter-regional transmission line will be established using 800 KV High...