<h1>ADB and India Sign $100M Loan to Upgrade Bengaluru's Power Distribution, Enhance Reliability, and Reduce Losses by 30.</h1> The Asian Development Bank (ADB) and the Government of India signed a $100 million loan agreement to upgrade Bengaluru's power distribution system. The project aims to modernize the electricity supply by converting overhead lines to underground cables, reducing technical and commercial losses by about 30%, and minimizing outages caused by natural hazards. Additionally, ADB will provide a $90 million loan to the Bangalore Electricity Supply Company Limited (BESCOM) for further improvements. The project includes installing over 2,800 km of fiber optic cables for smart metering and automation systems, enhancing BESCOM's operational and financial capabilities.