India Signs Loan Agreement with Adb for $50 Million Loan To Boost Power Generation Capacity in Assam

Delhi

Last Updated : Feb 21 2015 | 12:20 AM IST

The Asian Development Bank (ADB) and the Government of India signed here today a $50 million loan agreement for the second Assam Power Sector Investment Program which aims to build up the capacity of power generation and distribution systems to meet the growing energy demand in the state of Assam.

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Indian Insurance Companies (Foreign Investment) Rules, 2015 Notified; Foreign Equity Investment Cap of 49 Per Cent Applicable to All Indian Insurance Companies; Foreign Direct Investment (FDI) Proposals up to 26 Per Cent of the Total Paid-Up Equity of the Indian Insurance Company Allowed on the Automatic Route, and FDI Proposals which take the Total Foreign Investment Above 26 Per Cent and up to the Cap of 49 Per Cent Shall Require FIPB Approval

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First Published: Feb 20 2015 | 12:20 AM IST

India Signs Loan Agreement with Adb for $50 Million Loan To Boost Power Generation Capacity in Assam

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