ADB, India sign $100 million sovereign loan to upgrade Bengaluru's power distribution system to enhance quality & reliability.
Over 2,800 km of fibre optical cables will be installed,moving some 7,200km of distribution lines underground reducing technical & commercial losses by 30%,install 1,700 automated ring main units to monitor & control distribution line switch gears etc.
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ADB also to offer $90 million loan without sovereign guarantee.