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<h1>ADB and India Ink $250M Deal to Boost Energy Efficiency with Smart Tech and EVs in Multiple Sectors.</h1> The Asian Development Bank (ADB) and the Government of India signed a $250 million loan agreement to enhance energy efficiency investments through Energy Efficiency Services Limited (EESL). An additional $46 million will be provided from the Clean Technology Fund. This initiative aims to improve energy efficiency across agricultural, residential, and institutional sectors by introducing technologies like smart meters, solar systems, and electric vehicles. The project also focuses on reducing electricity losses and greenhouse gas emissions. A $2 million technical assistance grant will support EESL in project implementation, including promoting awareness, capacity building, and exploring business models for energy efficiency.