Question : SOFT LOAN FROM ADB TO INDIA INFRASTRCUTURE COMPANY LTD.

(a) whether the State owned India Infrastructure Company Limited (IIFCL) has received any soft Joan from the Asian Development Bank (ADB);

(b) if so, the amount of loan received so far;

(c) whether IIFCL has plans to refinance loan to National Highways Authority of India (NHAI) for the development of roads; and

(d) if so,the details thereof?

MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)

(a) Three loan agreements have been signed by IIFCL with ADB for assistance of US$ 300 million, $ 200 million and $ 210 million on 03.03.2008, 26.02.2009 and 22.12.2009 respectively.

(b) IIFCL has received a total of US$ 406 million from ADB so far.

(c)&(d) No, Sir.