New Delhi, Nov. 29 -- The Government of India and the Asian Development Bank (ADB) have signed agreements for three loans worth over USD 800 million for projects in Maharashtra, Madhya Pradesh and Gujarat, the Ministry of Finance said in a statement Saturday.

The Government of India's engagement with ADB for the finalisation of the loans was led by Joint Secretary (ADB and Japan), Department of Economic Affairs, under whose guidance the loan signing process was carried out.

Accordingly, the loan agreements for the Maharashtra Power Distribution Enhancement Programme for Agricultural Solarization (USD 500 million); Indore Metro Rail Project (USD 190.6 million), and Gujarat Skills Development Programme (USD 109.97 million) were signed by ...