{"id":3131,"date":"2024-06-14T00:03:57","date_gmt":"2024-06-14T00:03:57","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3131"},"modified":"2024-06-14T00:03:57","modified_gmt":"2024-06-14T00:03:57","slug":"asian-development-bank-commits-rs-150-crore-to-tata-powerdelhi-distribution","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/asian-development-bank-commits-rs-150-crore-to-tata-powerdelhi-distribution\/","title":{"rendered":"Asian Development Bank Commits Rs 150 Crore To Tata Power\nDelhi Distribution"},"content":{"rendered":"<p>The Asian  (ADB) has announced its plans to invest in non-convertible <a href=\"https:\/\/exam.pscnotes.com\/debentures\">Debentures<\/a> valued at Rs 150 crore in Tata Power Delhi Distribution Ltd (TPDDL). The <a href=\"https:\/\/exam.pscnotes.com\/investment\">Investment<\/a> aims to improve Delhis power distribution through grid enhancements. Additionally, ADB has also approved a grant of USD 2 million to assist in the acquisition and integration of a pilot battery energy storage system (BESS). The Manila-based funding institution issued a statement confirming the developments<\/p>\n<p>The proceeds from the senior secured financing will be utilized to establish a new 66\/11-kilovolt grid, expand transformers, substations, feeder lines, and switching stations, install smart meters, and replace outdated electrical equipment and meters. In addition, the funding will also contribute to the development of a groundbreaking 10-megawatt-hour (MWh) battery energy storage system (BESS), which will be the first of its <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> kind in South Asia when it comes to the distribution transformer level<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Asian (ADB) has announced its plans to invest in non-convertible Debentures valued at Rs 150 crore in Tata Power Delhi Distribution Ltd (TPDDL). The Investment aims to improve Delhis power distribution through grid enhancements. Additionally, ADB has also approved a grant of USD 2 million to assist in the acquisition and integration of a &#8230; <a title=\"Asian Development Bank Commits Rs 150 Crore To Tata Power\nDelhi Distribution\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/asian-development-bank-commits-rs-150-crore-to-tata-powerdelhi-distribution\/\">Read more <span class=\"screen-reader-text\">Asian Development Bank Commits Rs 150 Crore To Tata Power<br \/>\nDelhi Distribution<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[799],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asian Development Bank Commits Rs 150 Crore To Tata Power Delhi Distribution - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/asian-development-bank-commits-rs-150-crore-to-tata-powerdelhi-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asian Development Bank Commits Rs 150 Crore To Tata Power Delhi Distribution\" \/>\n<meta property=\"og:description\" content=\"The Asian (ADB) has announced its plans to invest in non-convertible Debentures valued at Rs 150 crore in Tata Power Delhi Distribution Ltd (TPDDL). The Investment aims to improve Delhis power distribution through grid enhancements. Additionally, ADB has also approved a grant of USD 2 million to assist in the acquisition and integration of a ... 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The Investment aims to improve Delhis power distribution through grid enhancements. Additionally, ADB has also approved a grant of USD 2 million to assist in the acquisition and integration of a ... 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