Jodhpur To help boost private investment in renewable energy, multilateral lending agency ADB today announced $103 million loan to Reliance Power for setting up a 100-MW solar plant in Jaisalmer district of Rajasthan.

"I would like to to inform you that ADB has just agreedto extend financing for Reliance Power's 100-MW concentrated solar thermal plant which will be one of the largest solar power generation facilities in India and Asia as well," ADB director general (regional and sustainable development Department) S Chander said.