December 2016 Current Affairs

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USAID, ADB sign Develop Solar Parks MoU

USAID, ADB sign Develop Solar Parks MoU
30 March 2016 Current Affairs: New Delhi, Mar 28 (ANI): The US Agency for International Development (USAID) and the Asian Development Bank (ADB) today signed a Memorandum of Understanding to facilitate USD 848 million (Rs. 5,681 crore) in funding to develop solar parks across India.The agreement was signed by Jonathan Addleton, Mission Director, USAID/India and M. Teresa Kho, Country Director, India Resident Mission, Asian Development Bank.Through the agreement, USAID will align the technical resources of two of its programs to support ADBs investments in the development of solar parks and renewable energy transmission infrastructure in states at the forefront of Indias efforts to promote clean energy. The collaboration will initially focus on the state of Rajasthan.The cooperation will design and develop public-private partnership models as well as study options for managing grid reliability. In particular, USAID technical activities will help place investments of USD 348 million (Rs. 2,331 crore) by ADB for transmission infrastructure for renewable energy deployment in western Rajasthan.USAID will also work with ADB across India with an additional USD 500 million (Rs. 3,350 crore) of investment in the design and development of solar parks.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
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27 OCT
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26 OCT
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25 OCT
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24 OCT
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22 OCT
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September 2016 Current affairs
30 SEP
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29 SEP
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28 SEP
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27 SEP
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26 SEP
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24 SEP
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August 2016 Current affairs
31 AUG
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30 AUG
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29 AUG
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27 AUG
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