Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.171)

171. 

Which bank has signed USD 200 mn financing deal with Reliance Bangladesh LNG and Power Limited for 718 mw power plant in Bangladesh?

[A]. WHO
[B]. SIDBI
[C]. IMF
[D]. ADB

Answer: Option D

Explanation:

The Asian Development Bank (ADB) has signed a USD 200 million financing deal with the Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718 megawatt combined-cycle gas-fired power plant in Bangladesh. The project will reduce the current energy deficit and lead to more private sector investment in the country’s electricity sector.

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