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    <title>India and ADB Sign an Agreement for US $100 Million ADB Loan for Gujarat Solar Power Transmission System</title>
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    <description>An ADB loan will finance a transmission system for the Charanka Solar Park using a public private partnership model where state agencies lease land and provide common infrastructure while developers receive an attractive feed-in tariff. The LIBOR based loan from ADB&#039;s Ordinary Capital Resources has a 25 year term including a five year grace period. Associated Technical Assistance administered by ADB will provide vocational training and livelihood opportunities, targeting at least half women participants, and the project seeks to support distribution companies&#039; clean energy procurement and promote the solar park PPP model.</description>
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