TAG: "Asian Development Bank"

News

GCF Approves USD 200 Million for ADB-Led Green Finance Program to Boost Clean Energy Investment in India

The Green Climate Fund (GCF) has approved USD 200 million for a new Asian Development Bank (ADB)-led program which aims to unlock large-scale public and private investment in high-impact and emerging clean energy sectors in India.

Asian Development Bank | July 04, 2025 | By News Bureau |  510

ADB Commits USD 10 Billion for ASEAN Power Grid to Expedite Cross-border Connections

Asian Development Bank (ADB) President Masato Kanda announced a USD 10 billion commitment to accelerate the ASEAN Power Grid, emphasising the initiative’s role in enhancing regional energy security, connectivity, and economic resilience.

Asian Development Bank | May 14, 2025 | By Mrinmoy Dey |  551

ADB Inks MoU with AIIB, Azerbaijan, Kazakhstan, and Uzbekistan for Caspian Green Energy Corridor

The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan have signed an MoU to support a feasibility study for the Caspian Green Energy Corridor, advancing regional clean energy cooperation under the CAREC program.

Asian Development Bank | April 14, 2025 | By Mrinmoy Dey |  830

ADB and Shriram Finance to Accelerate MSME and EV Financing in India

ADB’s loan also supports the government’s initiatives to reduce air pollution through the adoption of EVs and low-emission (Bharat Stage-VI compliant) vehicles.

Asian Development Bank | March 26, 2025 | By Aishwarya |  1252

IFC, ADB, and DEG Secure Stake in Fourth Partner Energy Following CCI Approval

The Competition Commission of India has approved the acquisition of a stake in Fourth Partner Energy by IFC, ADB, and DEG, with a combined investment of USD 275 million, enhancing the company’s renewable energy operations.

Asian Development Bank | January 02, 2025 | By EI News Network |  1718

Tata Power Secures USD 4.25 Billion from Asian Development Bank for Clean Energy Power Projects

Tata Power has signed an MoU with the Asian Development Bank (ADB) to evaluate financing of USD 4.25 billion for Tata Power’s various ongoing clean energy and power infrastructure projects in India including 966 MW solar-wind hybrid project, and pumped hydro storage projects.

Asian Development Bank | November 21, 2024 | By Mrinmoy Dey |  1178

CESL Invites Bids to Procure Electric Cycles for Nationwide Micro-Mobility Solutions

CESL invites bids to supply electric cycles under a pilot project aimed at enhancing rural transportation and empowering Small Help Group's (SHG) women. With international funding, the initiative supports sustainable mobility, economic growth, and India’s clean energy objectives.

Asian Development Bank | November 10, 2024 | By EI News Network |  909

ADB Approves USD 434.25 Million Loan for 500 MW Solar PV Project in Assam

The Asian Development Bank (ADB) has approved a USD 434.25 million loan to construct a grid-connected solar photovoltaic (PV) facility in Karbi Anglong district with a capacity of 500 MW.

Asian Development Bank | October 25, 2024 | By Mrinmoy Dey |  1146

Vivriti Capital Secures USD 25 Million from ADB via Climate Bond

Vivriti Capital Ltd. has raised USD 25 Million through a certified climate bond. The proceeds will be used to finance companies engaged in sectors including electric vehicles, solar and wind energy, and waste management.

Asian Development Bank | October 01, 2024 | By Mrinmoy Dey |  3567

ADB, JBM Group Sign INR 3.6 Billion Deal to Ease Access of Electric Buses in India

The loan will support the procurement of up to 650 e-buses, as well as fund the cost of operations, maintenance, and deployment of depots and charging infrastructure.

Asian Development Bank | September 18, 2024 | By Aishwarya |  1277

Articles

This category has no news at the moment.

Interviews

This category has no news at the moment.