Asian Development Bank (ADB) and Tata Power Delhi Distribution Ltd (TPDDL), the distribution arm of The Tata Power Company, entered into an settlement to join non-convertible debentures for 1.5 billion Indian Rupees (equal to $18.2 million) to enhance Delhi’s electricity distribution thru grid enhancements, and a $2 million furnish to partly finance the purchase and integration of a pilot Battery Energy Storage System (BESS).
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