The Asian Development Bank said on Friday it would extend a $313.6-million loan to help improve India's railway system plus a technical assistance grant worth $500,000.
ADB said it would also provide over $300 million in loans and grants for Indonesia's energy sector.
The Manila-based multilateral lending agency said it would lend $140 million to help create a new competitive electricity market in Java and Bali and reduce transmission bottlenecks.
ADB also approved a $161 million loan to expand Indonesia's renewable energy generation capacity to bring more reliable and cleaner power to remote regions.