Consider the following statements regarding ADB President Masato Kanda’s visit to India in May 2025: Masato Kanda announced USD 10 billion for urban infrastructure, including metro extensions and a new Regional Rapid Transit system (RRTS). The state government of Tripura will receive a loan of USD 85.4 million from ADB for projects related to Electric Vehicles (EVs), solar energy, and urban systems. ADB approved a USD 434.25 million loan for the construction of a 1000 MW Solar Park in Assam, which was withdrawn later at the request of the Ministry of Finance. Which of the above statements is/are correct?

The correct answer is All are correct. In News ADB President Masato Kanda visited India from May 28 to May 31, 2025, announcing major infrastructure investments and green upgrades. Key Points ADB President Masato Kanda announced USD 10 billion to transform urban infrastructure, including metro extensions and the Regional Rapid Transit system (RRTS) across India over the next 5 years. The state government of Tripura will receive a USD 85.4 million loan from ADB for green upgrades focusing on Electric Vehicles (EVs), solar energy, and modern urban systems. ADB initially approved a USD 434.25 million loan for a 1000 MW Solar Park in Assam but withdrew the loan at the request of the Ministry of Finance (MoF) of India. Additional Information ADB’s Commitment The Asian Development Bank (ADB) is a major development partner, supporting various infrastructure and green energy projects in India. Namo Bharat Corridor It is India’s first Namo Bharat Corridor, which was visited by ADB President Masato Kanda during his official visit. Regional Rapid Transit System (RRTS) Aimed at creating a rapid transit network to connect major urban centers, improving transportation and reducing congestion. Green Upgrade in Tripura The loan to Tripura will support green initiatives, including the adoption of electric vehicles and solar energy infrastructure.