ADB and ENGIE partner on 400MW solar power plant in Gujarat
In a significant move towards sustainable development, the Asian Development Bank (ADB) and the ENGIE group have inked a transformative deal to establish a 400-megawatt ... Read More
ADB and India ink $200m loan to boost urban services in Rajasthan
The Government of India has teamed up with the Asian Development Bank (ADB), securing a $200 million loan intended for the Rajasthan Secondary Towns Development ... Read More
Tata Power unit signs deal with ADB for grid enhancements and BESS in Delhi
Tata Power said that its distribution arm Tata Power Delhi Distribution Limited (TPDDL) has signed a deal with the Asian Development Bank (ADB) to improve ... Read More
GE Grid Solutions to modernize 39 substations in Nepal
GE Renewable Energy, through its Grid Solutions business, has secured a multi-million-dollar contract from Nepal Electricity Authority (NEA) to strengthen Nepal’s power transmission network. The ... Read More
ADB grants $25m to Philippine govt for procuring COVID-19 vaccines
The Asian Development Bank (ADB) has sanctioned $25 million to help the government of the Philippines to buy COVID-19 vaccines in 2021. The financing is ... Read More
ADB grants loan to Jointown Pharmaceutical for expanding pharma distribution network in China
The Asian Development Bank (ADB) has agreed to provide a loan of up to €30 million ($37 million) to Jointown Pharmaceutical Group for expanding pharmaceutical ... Read More
Bengaluru Metro Rail Project secures $500m loan from ADB for expansion
The Asian Development Bank (ADB) has sanctioned a loan of $500 million towards the construction of two new metro rail corridors for the Bengaluru Metro ... Read More
Hoa Hoi solar power plant in Vietnam secures $186m loan from ADB and others
The Asian Development Bank (ADB) has signed a $186 million loan agreement with Phu Yen TTP Joint Stock Company (Phu Yen JSC) for the operating ... Read More
Malolos–Clark Railway Project : Three more contracts signed for Filipino project
Construction on the Malolos–Clark Railway Project (MCRP) in the Philippines is all set to begin following the awarding of three civil works contracts with a ... Read More
ADB grants $200m loan to reform Uzbekistan’s power sector
Uzbekistan has been granted a $200 million policy-based loan by the Asian Development Bank (ADB) for improving its power sector under the latter’s Power Sector ... Read More