- The Asian Development Bank (ADB) signed its first Transaction Advisory Services (TAS) mandate in India with the Madhya Pradesh Government on 7 September 2026.
- The objective is to develop renewable-energy projects through Public-Private Partnerships (PPPs).
- The projects could attract up to US$1 billion in private investment.
- ADB will assist in project preparation, financial structuring, procurement and tender development.
- A solar power facility with Battery Energy Storage System (BESS) at Shajapur is among the projects being developed.
