World Bank approves USD 200 mln loan to increase Himachal's green energy capacity

New Delhi [India], June 28 (ANI): The World Bank has approved USD 200 million in loans for Himachal Pradesh to facilitate power sector reforms in the state, besides increasing the share of renewable energy generation.

The loan will have a final maturity of 14.5 years including a grace period of 4.5 years.

In a release on Wednesday, World Bank said the funding would help the state add 10,000 megawatts (10 gigawatts) of add