ADB may clear 625 mn loan

He said the lending pipeline for India for the next few years would amount to 1 billion to 1.5 billion.

In the energy sector, the bank lending would focus on policy reforms and development at the state level through loan and technical assistance operations in Gujarat and Madhya Pradesh, the bank8217;s two focal states, he said.

The bank was working on a similar assistance package for energy sector in a third state, he said. The bank would also lend to selected states for power sector reforms through its proposed loan to Power Finance Corporation PFC, Pattison said.