Asian Development Bank
ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.
See below for the Latest ADB News, Analysis, Profit Results, Share Price Information, and Commentary.
Sri Lanka’s energy sector gets $30m funding boost
Sri Lanka’s energy sector gets $30m funding boost
This will support promotion of more RE projects.
Pakistan bags $200m loan for power distribution upgrade
This will fund installation of at least 332,000 advanced metering infrastructure.
ADB inks $24.3m financing package for grid-connected solar plant in Bangladesh
Nearly 40 GWh of electricity will be generated annually.
ADB inks $820m loan for 12 renewable energy projects in Thailand
This will fund solar and battery storage projects.
ADB OKs $200m loan to upgrade Sri Lanka’s power infrastructure
Half of the country’s generation last year came from thermal power.
ADB, Kazakhstan partner to accelerate coal retirement
Coal plants may be converted to renewable energy facilities.
ADB OKs $434.25m loan for solar facility in Assam, India
Another $1m grant will be allocated for project implementation.
ADB approves $500-m loan to boost Indonesia’s energy transition
This seeks to establish a solid policy framework to support the shift towards clean energy.
Keppel, ADB, EnterpriseSG ink $1.048b energy transition deal for APAC
It also covers environmental sustainability projects in the region.
Tajikistan bags $21m grant for renewable energy expansion
This will help upgrade a 240-MW hydropower plant.
ADB invests $100m for decarbonisation of India’s commercial, industrial sector
This will encourage the building of more solar capacity.
Uzbekistan bags $400m funding to strengthen energy, financial markets
One of the goals is to invite more power sector investors.
ADB, Kazakhstan sign transaction advisory agreement for hydropower development
The partnership eyes a cumulative capacity of 600 megawatts.
Kazakhstan secures $123m loan for transmission network enhancement
This will support construction of 500 kilovolts overhead transmission lines among others.
ADB allocates $240.5m for India’s rooftop solar system
Loans will be accessible via the State Bank of India and the National Bank for Agriculture and Rural Development.
ADB pledges $50m fund to support APAC energy transition
The fund will be allotted to renewable energy and other clean energy technologies.
ADB grants $148.5m to enhance Sikkim's power infrastructure
It will replace 580 kilometres of old and low-capacity bare conductors.
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The local government agency received the accolade in recognition of its integrated management of industrial solid waste.
