TAG: "Asian Development Bank"

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ADB, Japan Sign Financing Agreements for Green Ammonia Plant in India

ADB and Japan signs financing agreements with AM Green Ammonia to develop a 1.1-million-tonne renewable-powered facility in India, marking the first investment under the ACCEL initiative.

Asian Development Bank | October 19, 2026 | By News Bureau | 1546

ADB Signs First India TAS Agreement to Advance Madhya Pradesh Clean Energy Projects

ADB’s Transaction Advisory Services will support project preparation, structuring and procurement for Madhya Pradesh’s clean energy projects.

Asian Development Bank | September 08, 2026 | By News Bureau | 2168

ADB Approves USD 850 Million to Accelerate Rooftop Solar Rollout Under PM Surya Ghar Scheme

ADB has approved a USD 850 million loan to support India's rooftop solar expansion under the PM Surya Ghar: Muft Bijli Yojana, aiming to install rooftop solar systems in 10 million households, add 30 GW of residential solar capacity by FY2027.

Asian Development Bank | July 29, 2026 | By News Bureau | 1120

Serentica Renewables Secures USD 345 Million ADB-Led Financing for Karnataka Solar-Wind Hybrid Project

Serentica Renewables’ Solar Hybrid project will supply reliable renewable energy to BALCO, generate over 1,073 GWh annually and help avoid more than 880,000 tonnes of CO₂ emissions each year.

Asian Development Bank | July 09, 2026 | By News Bureau | 1063

ADB Approves USD 160 Million Loan for 310 MW Solar Projects in Bhutan

The Asian Development Bank has approved a USD 160 million loan to support the deployment of at least 310 MW of new solar capacity across three projects in Bhutan.

Asian Development Bank | July 08, 2026 | By Mrinmoy Dey | 810

Vikran Engineering Bags INR 530.8 Crore Distribution Infra Contracts from MSEDCL

Vikran Engineering has secured LoAs worth INR 530.80 crore from Maharashtra State Electricity Distribution Company (MSEDCL) for distribution infrastructure works in Nashik and Kolhapur zones under an ADB-funded Power Distribution Enhancement Program.

Asian Development Bank | April 04, 2026 | By Mrinmoy Dey | 1246

ADB Sanctions USD 650 Million Loan to Accelerate Rooftop Solar Adoption in India

The Asian Development Bank has approved a USD 650 million loan to help India speed up rooftop solar adoption under PM Surya Ghar Yojana and bring clean, low-cost electricity to 10 million homes by 2027.

Asian Development Bank | December 03, 2025 | By Mrinmoy Dey | 1105

ReNew Secures USD 331 Mn Funding from ADB for 837 MWp Wind Solar Project with 415 MWh BESS

ReNew Energy Global has secured USD 331 million in financing from the Asian Development Bank to develop a round-the-clock peak renewable energy project with 837 MWp of wind and solar capacity integrated with a 415 MWh battery storage system in Andhra Pradesh.

Asian Development Bank | November 10, 2025 | By Mrinmoy Dey | 1585

ADB Sanctions USD 460 Million Loan to Support Agricultural Solarisation in Maharashtra

ADB has approved a USD 460 million loan, plus USD 40 million from the Clean Technology Fund, to solarise agriculture in Maharashtra by upgrading 180 substations, installing 4,500 transformers, adding 4,200 ckm of power lines, deploying 500 MWh of battery storage, and supporting 1,000 MW of decentralised solar power generation.

Asian Development Bank | October 30, 2025 | By Mrinmoy Dey | 1587

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 | 2225