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    <title>Government of India &amp; AIIB sign agreement for $304 million to improve reliability, capacity and security of the power transmission network in the state of Assam</title>
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    <description>A loan agreement between the Government of India and the Asian Infrastructure Investment Bank will finance the Assam Intra State Transmission System Enhancement Project to construct ten new substations, upgrade fifteen existing substations and transmission lines including conversion to optical power ground wire, and deliver technical assistance; the project aims to reduce transmission losses, relieve congestion and improve reliability, capacity and security of Assam&#039;s transmission network, supported by AIIB long term financing with a defined grace period and extended maturity and complementary counterpart funding from the State.</description>
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