New Delhi: Asian Development Bank (ADB) on Thursday said it has arranged Rs 1,460 crore loan for ENGIE group for constructing a 400-megawatt solar photovoltaic power plant in Surendranagar, Gujarat. ADB was the mandated lead arranger for the entire loan totalling Rs 14.6 billion (approximately USD 175.9 million) with ADB and Asian Infrastructure Investment Bank both providing Rs 7.3 billion, the Manila-based multilateral funding agency said in a statement.
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