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With a total assistance of $122.21 million, India stood second to China in cornering loans from Asian Development Bank in the first quarter of this calendar year.
Of the $587.33 million assistance disbursed to 26 countries during January-March 2003, India garnered as much as 20.81 per cent of the total assistance, the Manila-based ADB said in its latest review.
China got an assistance worth $140.58 million, which was 23.93 per cent of the total assistance in the first three months of this calendar year.
Pakistan was extended a mere $11.61 million, which was 1.98 per cent of the total assistance, the multilateral lending institution said.
ADB approved loans totalling $283.29 million for five projects, including the $62 million private sector loan for India's Tala-Delhi Transmission Project, in January-March 2003, apart from extending technical assistance.
The Tala-Delhi Transmission Project is estimated to cost $249 million.
ADB had extended technical assistance worth $10,20,000 for capacity building of Assam Electricity Regulatory Commission and capacity building for Project Management and Community Mobilisation in Madhya Pradesh.
Bulk of the ADB's total loan assistance for all the recipient countries went for developing social infrastructure projects.
In technical assistance, ADB said 66 per cent of it went for country-specific projects for advisory and operational purposes and 34 per cent for project preparation.