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ADB, IEA discuss scaling up collaboration in energy systems

By : Sustainability ..., Jun 10, 2020

The Asian Development Bank (ADB) and the International Energy Agency (IEA) are discussing scaling up collaboration and renewing a memorandum of understanding (MOU) between the two organisations. ADB President Masatsugu Asakawa Asakawa said there is great synergy between the...

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ADB gives $ 346 mn loan for power sector in rural Maharashtra

By : Sustainability ..., Apr 30, 2020

The Asian Development Bank (ADB) on Wednesday said it has approved a USD 346 million (around Rs 2,616 crore) loan to Indian government to provide reliable power connection in rural areas of Maharashtra. Maharashtra is the second-most populous state in India, and about half of...

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Covid-19 and dependence on China’s PV supply chain

By : Sustainability ..., Mar 31, 2020

Debate about the world’s dependence on the Chinese solar manufacturing industry has been constant over two decades and particularly intense since the nation’s supremacy was confirmed before the onset of the 2008 global financial crisis. Despite years of trade wars, anti-...

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ADB to grant EESL $13 million for energy efficiency revolving fund

By : Sustainability ..., Nov 12, 2018

The Asian Development Bank (ADB) would grant $13 million to the government-owned Energy Efficiency Services Ltd (EESL) to set up an energy efficiency revolving fund (EERF) under a tie-up announced here on Sunday.

“Towards supporting investments in new, innovative and...

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Smart electricity meters in rural India a win-win, says ADB

By : Sustainability ..., Oct 29, 2018

Asian Development Bank (ADB) is planning to scale up a satellite-based smart meters project, implemented in a village in Uttar Pradesh, as it finds it to be a win-win solution for several...

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India seeks funds from World Bank and ADB for electric buses

By : sustainabilityo..., Sep 28, 2017

India has sought funds from World Bank and Asian Development Bank (ADB) to procure electric buses for all major cities to fuel its electric mobility plan.


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Asian Development Bank, Punjab National Bank to finance solar rooftop projects

By : sustainabilityo..., Jun 1, 2017

The Asian Development Bank (ADB) and the Punjab National Bank (PNB) on Tuesday signed a financing loan worth USD 100 million, to be guaranteed by the Government of India, in order to finance...

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India asks ADB to reduce time for processing loans, focus more on health, education, green energy

By : sustainabilityo..., May 8, 2017

Finance minister Arun Jaitley has asked the Asian Development Bank to speed up the process of approving and disbursing loans to stay ahead of its peers. He also insisted that the bank should...

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Subject Tags: ADB , funding , green power

ADB okays $175 mn loan to Power Grid to diversify energy mix

By : sustainabilityo..., Mar 30, 2017

Asian Development Bank (ADB) has approved USD 175 million loan to Power Grid Corporation to help the power producer diversify its power mix by supplying more clean energy.


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'World Bank must aid countries to manage shift to cleaner coal'

By : sustainabilityo..., Oct 28, 2016

The World Bank and other global development lenders like the Asian Development Bank must help countries such as India to finance the shift of their coal production to more efficient technologies...

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