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September 07,2026

ADB Signs First India Pact to Mobilise $1 Billion for Madhya Pradesh

The Asian Development Bank signed its first Transaction Advisory Services mandate in India with Madhya Pradesh to mobilise up to $1 billion in private investment for green energy. Signed in Bhopal by ADB Country Director Mio Oka in presence of CM Mohan Yadav, ADB will be transaction advisor for three PPP clean energy projects, including solar plus battery storage at Shajapur to meet peak demand and improve grid stability.

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