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<h1>India and ADB Sign $105 Million Loan to Boost Hydropower Transmission in Himachal Pradesh, Enhance Clean Energy Distribution.</h1> The Government of India and the Asian Development Bank (ADB) have signed a $105 million loan agreement to enhance hydropower transmission in Himachal Pradesh. This funding is part of a $350 million multi-tranche financing facility aimed at upgrading the state's transmission network to distribute clean energy from hydropower sources to various regions. The initiative also seeks to strengthen the institutional capacity of the Himachal Pradesh Power Transmission Corporation Limited. The loan, with a 25-year term and a 5-year grace period, aims to boost electricity supply to consumers in Himachal Pradesh and northern India by integrating hydropower into the national grid.
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