Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1259)
1259.
Which bank has signed USD 200 mn financing deal with Reliance Bangladesh LNG and Power Limited for 718 mw power plant in Bangladesh?
WHO
SIDBI
IMF
ADB
Answer: Option
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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