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The Asian Development Bank (ADB) will lend $1.2 billion to India in 2026 to support climate resilience and clean energy projects. Funding will focus on clean energy, transport electrification, green hydrogen, and power distribution reforms, including technical assistance.

The PM Surya Ghar: Muft Bijli Yojana, promoting rooftop solar installations, has installed over two million systems benefiting 2.6 million households. ADB is also supporting agricultural solarisation in Maharashtra and enhancing decentralized renewable energy systems. ADB aims to mobilize additional capital through innovative financing mechanisms, leveraging sovereign loans and blended finance structures.