Sunday, May 31, 2026

Daily Informer

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Asian Infrastructure Investment Bank

Underground power lines for Rajarhat, Baruipur, other towns | Kolkata News

Daily Informer02 mins

Kolkata: The West Bengal State Electricity Distribution Co Ltd (WBSEDCL) has completed the construction of underground power distribution networks in Rajarhat, Baruipur, Kharagpur and Chandannagar under a World Bank-funded project aimed at strengthening and modernising the state’s electricity infrastructure.Work to convert overhead electricity lines into underground networks is still underway in Siliguri and Asansol, and…

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AIIB launches $10 billion support facility for countries hit by Middle East conflict, India among key shareholders

Daily Informer02 mins

The Asian Infrastructure Investment Bank (AIIB) has launched a $10 billion fund facility to support member countries affected by the economic fallout of the ongoing Middle East conflict, PTI reported. India is the second-largest shareholder in the China-led multilateral lender after China.The Beijing-headquartered bank said the newly launched Energy, Food Security and Economic Resilience Facility…

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