In February 2021, the Centre signed an agreement with which of the following for borrowing $304 million (over ₹2,200 crore) to improve power transmission network in Assam?

The correct answer is AIIB. The Centre on 23 February 2021 signed an agreement with Asian Infrastructure Investment Bank (AIIB) for borrowing $304 million ( over ₹2,200 crore) to improve power transmission network in Assam. The fund will be utilized for the 'Assam Intra-State Transmission System Enhancement Project' . The project aims to improve reliability, capacity and security of the power transmission network in the state.