MUMBAI (Reuters) - Asian Development Bank (ADB) said on Monday it is part-funding a project with India's Reliance Power to build what it said would be India's largest solar photovoltaic power plant.
The plant marks Reliance Power's first foray into solar energy and is part of its strategy to expand its renewable energy portfolio.
ADB is providing a long-term loan of up to $48 million to finance the 40 megawatt solar power project located in Jaisalmer district in the western state of Rajasthan.