AIIB grants $160 mn for Andhra Pradesh power project

Posted on:04 May 2017 14:19:51
AIIB grants $160 mn for Andhra Pradesh power project
04 May 2017 Current Affairs:

  • China-sponsored Asian Infrastructure Investment Bank (AIIB) has recently approved USD 160 million loan for a power project in Andhra Pradesh.

  •  The objective of the project to strengthen the power transmission and distribution system in Andhra Pradesh.

  • It is the first credit from the bank for an Indian project.

  • The ‘24x7 Power for All’ project is part of Government of India’s ‘Power for All programme’ launched in 2014. Andhra Pradesh is one of the first states selected for the roll out of the programme.



  • China-sponsored Asian Infrastructure Investment Bank (AIIB) has recently approved USD 160 million loan for a power project in Andhra Pradesh.

  •  The objective of the project to strengthen the power transmission and distribution system in Andhra Pradesh.

  • It is the first credit from the bank for an Indian project.

  • The ‘24x7 Power for All’ project is part of Government of India’s ‘Power for All programme’ launched in 2014. Andhra Pradesh is one of the first states selected for the roll out of the programme.


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs Weekly PDF

Current Affairs Monthly PDF

Current Affairs Quiz

Current Affairs Monthly PDF Hindi

Currentt Affairs 2018 December

11 DECEMBER
NEWS
10 DECEMBER
NEWS
9 DECEMBER
NEWS
8 DECEMBER
NEWS

Currentt Affairs 2018 November

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Currentt Affairs 2018 October

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS