World Bank to provide a $100 million towards transmission infrastructure development at Rewa

The World Bank Group is planning to provide a $100 million debt towards the development of transmission infrastructure at the Rewa Solar Park in Madhya Pradesh. Reportedly, 25 per cent of the 40-year loan will be provided at an interest rate of 0.25 per cent while the interest rate for the remaining  amount is yet to be decided. The Indian Renewable Energy Development Agency will be appointed as the initial borrower, which will further lend the amount to the entities involved in


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