Which of the following Organization has approved has approved a $231 million loan to construct the 120-MW Lower Kopili Hydroelectric Power ( LKHEP) plant in Central Assam, India?(Dec)

The correct answer is Asian Development Bank. Key Points This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) Lakwa gas project and improved distribution networks in the state. The LKHEP plant will double the hydropower generation capacity of the Assam Power Generation Corporation. It will harness water from the Kopili River to generate a total capacity of 120 MW of electricity , particularly during peak demand periods. The loan agreement was signed by additional secretary of Economic affairs, CS Mohapatra and ADB India's office in charge Hoe Yun Jeong. ​ Additional Information Asian Development Bank (ADB): was established on December 19, 1966. The bank aims to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. It also aims to eradicate extreme poverty . ABD has 68 members, where 49 from Asian- Pacific region. Headquarters: Mandaluyong , Metro Manila, Philippines. India is the member of ADB since 1966. Nirmala sitharaman, Finance minister representing India in ADB. President of ADB : Masatsugu Asakawa.