Correct option is B
The correct answer is (b) 100 million dollars
Explanation:
. In November 2017, the Government of India and the World Bank signed a loan agreement worth USD 100 million.
. This agreement was specifically for the "Shared Infrastructure for Solar Parks Project (SISPP)". . The project's goal is to help India increase its solar power generation capacity through the establishment of large-scale solar parks. . Out of the total amount, USD 75 million was an IBRD loan, USD 23 million was a Clean Technology Fund (CTF) loan, and USD 2 million was a CTF grant.
. The funds are channeled through the Indian Renewable Energy Development Agency Limited (IREDA).
Information Booster:
. This project supports the Government of India's target of achieving 100 GW of solar power as part of its renewable energy goals.
. The first solar parks supported under this project included those in Rewa and Mandsaur districts of Madhya Pradesh.
Additional Knowledge: 400 million dollars (Option a)
. While the World Bank has provided larger loans for other solar projects (like the Grid-Connected Rooftop Solar Program), it is not the amount for the SISPP.
150 million dollars (Option c)
. This figure does not correspond to the specific signing of the Shared Infrastructure for Solar Parks Project in 2017.
200 million dollars (Option d)
. This is an incorrect figure for the initial loan agreement signed for this specific infrastructure scheme.