TAG: "Asian Development Bank"

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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 420

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 410

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 449

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 501

SFD Signs USD 25 Mn Deal with ADB for RE Project in Solomon Islands

The Saudi Fund for Development (SFD) has signed a USD 25 million deal with the Asian Development Bank (ADB) to co-finance a new renewable energy project in the Solomon Islands. This initiative aims to reduce the islands' dependence on fossil fuels, promote sustainable development, and marks SFD's first project in the region.

Asian Development Bank | September 04, 2024 | By EI News Network 438

Uzbekistan to Launch Major Solar and Battery Project with ADB’s Support

Uzbekistan is set to launch the Samarkand 1 Solar PV and Battery Storage Project, a landmark initiative involving 500 MWh of storage and substantial solar capacity, enhancing the country’s energy infrastructure.

Asian Development Bank | August 27, 2024 | By EI News Network 536

EESL Invites Bids for 70 MW Solar Power Projects in Maharashtra

EESL seeks bids for 70 MW solar power systems across Maharashtra, including design, engineering, and maintenance, with a 12-year contract. Deadline is set as 20 September 2024.

Asian Development Bank | August 12, 2024 | By EI News Network 486

Fourth Partner Energy Bags USD 275 Million Equity Investment from IFC-ADB-DEG Consortium

The investment by the IFC-ADB-DEG consortium will infuse capital to fund FPEL's business expansion plans which include a target portfolio of 3.5 GW of renewable energy assets by 2026.

Asian Development Bank | August 07, 2024 | By News Bureau 1044

ADB and KEGOC Forge USD 123 Million Partnership for Large-Scale Renewable Integration in Kazakhstan

ADB and KEGOC have teamed up for a USD 123 million project to enhance Kazakhstan’s power grid, facilitating large-scale renewable energy integration. The initiative includes new transmission lines and substation upgrades, boosting capacity by 75 percent and improving energy security.

Asian Development Bank | July 23, 2024 | By EI News Network 1136

ADB and Engie Collaborate to Construct 40 MW Solar PV Power Plant in Gujarat

The project will support the Government of India’s target of achieving at least 500 gigawatts of nonfossil fuel energy capacity by 2030.

Asian Development Bank | July 08, 2024 | By News Bureau 991

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