<h1>India Secures $400M Loan from World Bank, AIIB for 24X7 Power Project in Andhra Pradesh to Boost Electricity Delivery.</h1> India has secured a loan agreement involving USD 240 million from the World Bank and USD 160 million from the Asian Infrastructure Investment Bank (AIIB) for the '24X7 Power for All in Andhra Pradesh Project.' The project aims to enhance electricity delivery, operational efficiency, and system reliability in Andhra Pradesh. The total project cost is USD 570 million, with the remaining funds provided by the Government of Andhra Pradesh. The agreement was signed by representatives from the Indian government, World Bank, and AIIB, focusing on improving electricity distribution in selected areas of the state.