French development agency AFD will assist India with an 80 million euro loan facility for developing two hydro-electric projects in Himachal Pradesh. An agreement was signed between the Department of Economic Affairs and AFD in India for the credit facility today. A programme is to expand Himachal Pradesh's clean energy capacities and meet the strong growth anticipated in electricity demand. It will finance two run-of-river hydroelectric plants, namely Deothal Chanju HEP (30 MW) and Chanju III HEP (48 MW) situated in the Chanju river basin. (This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

Source: dna July 04, 2017 15:45 UTC