ADB Solar Energy Initiative Funding for Reliance Power’s 100-MW Solar Thermal Power Project in Rajasthan
The Asian Development Bank (ADB) will lend India’s Reliance Power $103 million to help finance a 100-MW concentrating solar power (CSP) plant that is to be built adjacent to the 40-MW Dahanu solar photovoltaic (PV) farm in Rajasthan. Reliance’s Rajasthan CSP project is ADB’s first CSP financing, as well as one of India’s largest solar power projects.