The Asian Development Bank (ADB) has sanctioned a $300 million loan to Indonesian state-owned company Geo Dipa Energi (GDE) for expanding its geothermal power generation capacity by 110MW in Java Island through the construction and commissioning of two geothermal power plants. Additionally, the Asian Development Bank will manage a $35 million loan from the Clean […]
The Asian Development Bank (ADB) will be investing Thai baht 3 billion ($98.7 million) in Energy Absolute’s first green bonds to help finance the latter’s 260MW Hanuman Wind Farm, which has been operating since May 2019 in Chaiyaphum Province, Thailand. The investment will help Thailand towards achieving its renewable energy objectives and its continued efforts […]
Construction industry news : The Asian Development Bank (ADB) has agreed to provide a loan of $300 million towards the construction of a four-lane, 12km road on the East-West Highway between Khevi and Ubisia in Georgia. The cost of the East-West Highway upgrade project is $429.5 million, of which $129.5 million will be covered by […]