India and ADB sign loans of over $800 million for Maharashtra, Indore Metro and Gujarat, plus Assam grant
On 28 November 2025 India and the Asian Development Bank signed three loans worth over $800 million — for Maharashtra agricultural solarisation, Indore Metro Rail and Gujarat skills — and a $1 million technical assistance grant for Assam's SWIFT project.
Summary
The loans are: Maharashtra Power Distribution Enhancement Programme for Agricultural Solarization ($500 million); Indore Metro Rail Project (¥27,147.2 million, about $190.6 million); and Gujarat Skills Development Programme ($109.97 million). A $1 million Technical Assistance grant supports the upcoming Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project in Assam. The agreements were signed by the Department of Economic Affairs and ADB's India Resident Mission.
Key facts
- Lender
- Asian Development Bank (ADB)
- Signed
- 28 November 2025
- Maharashtra
- $500 million – Power Distribution Enhancement Programme for Agricultural Solarization
- Madhya Pradesh
- Indore Metro Rail – ¥27,147.2 million (~$190.6 million)
- Gujarat
- $109.97 million – Gujarat Skills Development Programme
- Assam
- $1 million TA grant – SWIFT (Sustainable Wetland and Integrated Fisheries Transformation)
Practice MCQs 2 questions
The ADB loan for the Indore Metro Rail Project signed in November 2025 is denominated in which currency?
Show answer
Correct answer: C — Japanese yen
The Indore Metro Rail loan is ¥27,147,200,000, equivalent to about $190.6 million.
The Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project, for which ADB signed a $1 million TA grant in November 2025, is in which state?
Show answer
Correct answer: D — Assam
The $1 million Technical Assistance grant is for the upcoming SWIFT Project in Assam.