![ADB authorizes $190 million loan to upgrade power distribution in Bengaluru Asian Development Bank (ADB)](https://focusmerit.com/wp-content/uploads/2020/02/ADB.jpeg)
- The Manila-based Asian Development Bank (ADB) has sanctioned a loan of $190 million (approx Rs 1,400 crore) to modernize and upgrade the power distribution system in Bengaluru, Karnataka.
- The financial-assistance by ADB will be used for the Bengaluru Smart Energy Efficient Power Distribution Project.