• Connect With Us:
  • ADB adds to northern India hydropower project investments

    Uttarakhand

    The government of Uttarakhand has signed a US$150 million loan agreement with the Asian Development Bank (ADB) intended to help fund hydropower projects in the Indian state.

    The ADB loan is the fourth tranche of the Uttarakhand Power Sector Investment Programme, which will ultimately add as much as 2,500 MW of hydroelectric power to India's grid.

    The loan has a 25-year financing term including a grace period of five years, commitment charges of 0.15% and an interest rate to be determined in accordance with ADB's London Interbank Offered Rate (LIBOR)-based lending facility.

    Uttarakhand, located in India's north, is already the site of the 300-MW Lakhwad and 195-MW Kotlibhel 1A hydropower plants -- both of which are currently being developed.

    Hydro Industry Financials

    Most Read Articles

    Recent Comments

    Buyers Guide Companies

    Studio Ing G Pietrangeli Srl

    We have 49 years of international experience. 1...

    Continuing Education

    Professional Development Hours
    To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

    12/01/2013
    Volume 32, Issue 10
    file
    01/01/2014
    Volume 22, Issue 1
    1401hrw-cvr

    Archived Articles

    2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
    Hydro Review Past Issues

    Premium Content AD Promo Space