<h1>India and ADB Ink $300 Million Deal to Boost Infrastructure Financing and Support PPP Projects via IIFCL.</h1> The Government of India and the Asian Development Bank (ADB) signed a $300 million loan agreement to support the India Infrastructure Finance Company Limited (IIFCL). This initiative aims to enhance long-term financing for public-private partnership (PPP) projects, improve IIFCL's operational capacity, and expand its infrastructure financing instruments. The funding is expected to support at least 13 sub-projects, including roads and renewable power, and facilitate $2.4 billion in investments. Additionally, technical assistance will aid IIFCL's capacity development, focusing on financial management and social and environmental safeguards, aligning with India's infrastructure growth and private sector investment goals.