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16 Oct 2018
India: MFF-Madhya Pradesh Power Sector Investment Program (Tranche 5)
At the request of India’s government, ADB prepared a road map and a multitranche program loan to address deficiencies in the country’s power sector. The multitranche financing facility (MFF) modality was well suited for the investment program. To address operational inefficiencies, such as system availability, technical losses, and system reliability, that remained after completion of earlier tranches 1 to 4, Madhya Pradesh Power Sector Investment Program (Tranche 5) was formulated.
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