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ABD To Lend To Reliance Power For Solar Plant

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The Asian Development Bank said on Tuesday it will lend Rs 542.81 crore to Reliance Power Ltd, which is controlled by billionaire Anil Ambani, to fund a solar power project in Rajasthan.

The 100 megawatt plant will be located near the village of Dhursar in the Jaisalmer district of the northwest Indian state.

(Reuters)