India to extend $310 mn loan for Zimbabwe power plant

Posted on:05 Nov 2018 14:45:11
India to extend $310 mn loan for Zimbabwe power plant
05 November 2018 Current Affairs: India announced that it would extend a $310 million loan to Zimbabwe to finance a rehabilitation project for a thermal power plant that would entail upgrading the station and extending its lifespan.

A fund of $2.9 million will also be extended to upgrade the Indo-Zim Technology Centre, which India had gifted to the African country.
India announced that it would extend a $310 million loan to Zimbabwe to finance a rehabilitation project for a thermal power plant that would entail upgrading the station and extending its lifespan.

A fund of $2.9 million will also be extended to upgrade the Indo-Zim Technology Centre, which India had gifted to the African country.

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