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ADB and Greenway partner to transform rural cooking in India through USD 6.5 million carbon finance deal

New Delhi [India], November 23 (ANI): The Asian Development Bank (ADB) and Greenway Grameen Infra Private Limited have inked a groundbreaking deal, signing a USD 6.5 million senior secured loan to manufacture and distribute 1 million improved cookstoves to rural households in India’s Madhya Pradesh and Odisha states.
According to ADB, this transformative initiative also involves a USD 3.25 million first-loss liquidity res