ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

The project is expected to be completed by the end of 2024

November 7, 2019

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The Asian Development Bank (ADB) has sanctioned a $451 million (~₹31.77 billion) loan to the state of Tamil Nadu for a project that will enable better power transfer between the southern part of the Chennai-Kanyakumari Industrial Corridor (CKIC) and the northern regions where there is higher power demand.

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Nithin Thomas

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ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu

Continue Reading with Premium Access

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