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ADB approves 148.5 mln USD loan to improve electricity supply in India

MANILA, May 16 (Xinhua) — The Asian Development Bank (ADB) on Thursday said it has approved a loan of 148.5 million U.S. dollars to boost the electric distribution system and enhance the resilience of the electricity supply in Sikkim, India.

The project promises to upgrade and modernize Sikkim’s power distribution system by installing approximately 770 km of climate-resilient conductors while upgrading 26 exist