Question 4882

The Asian Development Bank approved its largest financing component for a state-level program focused on agricultural solarization in India. Which state is receiving this $500 million loan under the Power Distribution Enhancement Programme?

Answer

Maharashtra

Why?

The correct answer is Maharashtra. In News ADB approved a $500 million loan for the Maharashtra Power Distribution Enhancement Programme for agricultural solarization. Key Points Loan supports agricultural solarization to enhance power distribution in rural areas. Maharashtra is the receiving state; capital – Mumbai, CM – Devendra Fadnavis, Governor – Acharya Devvrat. Largest component of ADB’s $800+ million financing package for development projects in Maharashtra, MP & Gujarat. Focus on sustainable energy solutions for rural agricultural communities. Additional Information ADB Headquarters – Mandaluyong, Philippines; President – Masato Kanda; Members – 69 Loan aims to strengthen Maharashtra’s rural power infrastructure and enable agricultural solarization. Supports sustainable development and renewable energy adoption in India. Part of broader multi-state development financing from ADB including MP, Gujarat, Assam, and Meghalaya.