Which Indian state is receiving a USD 434.25 million loan from the Asian Development Bank (ADB) to increase renewable energy capacity?

The correct answer is Assam. In News The Asian Development Bank (ADB) approved a USD 434.25 million loan to increase renewable energy capacity and improve energy security in the state of Assam. Key Points The project includes a 500 MW solar photovoltaic (PV) facility in Assam's Karbi Anglong district and a battery energy storage system to enhance grid stability. The project supports Assam’s goal to reach a solar energy capacity of 3,000 MW by 2030. ADB will also assist in establishing a public-private partnership (PPP) framework to develop additional renewable energy projects in Assam. Additional Information Asian Development Bank (ADB) ADB was established in 1966 and aims to foster a prosperous, inclusive, and sustainable Asia-Pacific region.