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$79.3m ADB loan for India

Published May 3, 2007
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MANILA, May 2: The Asia Development Bank (ADB) said on Wednesday it had approved a $79.3m loan to India’s largest private power company to set up and operate wind energy facilities.

The loan will support Tata Power Co. Ltd in setting up and running wind power facilities in the state of Maharashtra which will produce 100 megawatts of electricity, the ADB said in a statement from its Manila-based headquarters.—AFP

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