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Home » News » Solar » ADB and AIIB Fund Engie’s 400 MW Solar Project in India
Solar

ADB and AIIB Fund Engie’s 400 MW Solar Project in India

By Benjamin DavisJuly 5, 20242 Mins Read
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Credit: Engie
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The Asian Development Bank (ADB) has finalized a long-term local currency loan agreement with French utility Engie SA to support the construction and operation of a 400-MW solar power plant in India. According to ADB, the bank acted as the mandated lead arranger for the INR 14.6 billion (USD 174.8 million/EUR 162.5 million) loan, with

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Asian Development Bank Asian Infrastructure Investment Bank Engie Gujarat India Solar
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