GUWAHATI: The state will receive a $48 million loan from the Asian Development Bank (ADB) to help enhance capacity and power distribution system efficiency after an agreement was signed by ADB and the Centre. This will be the second tranche of the $300 million multi-tranche financing approved by ADB for the state's power sector in 2014. The first tranche of $50 million was signed in February 2015. "Increased access to reliable and modern power supply for remote communities can help meet growing demand. "The project will help the Assam Power Development Corporation Limited (APDCL) add additional substation capacity, expand and improve medium voltage network, reduce system losses by 3% and enhance energy efficiency through renovation and modernization of the existing 33/11 kV substations.Part of the loan will be used to strengthen APDCL's institutional capacity through setting up of independent meter testing laboratories, load dispatch centres and installing centralized uniform billing system to 1.2 million customers.

Source: Times of India November 09, 2016 05:42 UTC