Which development institution is to finance the 200-MW solar power project in Raghanesda Solar Park, Gujarat?

Answer: Option A

The Asian Development Bank (ADB) and France’s ENGIE group have signed a long-term loan of up to Rs. 466 crore to set up a 200 MW solar power project in Gujarat.
The project that is to be developed in the Raghanesda Solar Park, is expected to be commissioned in the first half of 2021. Electro Solaire Private Limited (ESPL), a special purpose vehicle owned by the ENGIE group, will implement the project.