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SAARC fund commits $30 mn for 2 energy projects

SAARC Development Fund (SDF) has activated its infrastructure window by giving in-principle approval to two energy projects in Nepal and Sri Lank with total commitment of USD 30 million. CEO of SDF Sunil Motiwal said the fund will have an exposure of USD 15 million in the Hydro-electric project (HEP) in Nepal. The electricity generated […]

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