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Rs 10,000 crore project to check power theft, electrify villages in UP

By : Sustainability ..., Jul 18, 2018

Lending a push to power sector reforms ahead of the 2019 Lok Sabha elections due next year, UP government on Monday announced Rs 10,000-crore UP Power Sector Improvement Project, envisaging minimization of line losses and...

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Battery swapping can push electric car revolution: Asian Development Bank

By : sustainabilityo..., Oct 24, 2017

Battery swapping can propel India’s electric car revolution in the short-term as the country struggles to deal with vehicular pollution, said Asian Development Bank’s site on Monday....

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$500 Million ADB Loans to Improve Urban Services in India's Rajasthan State

By : Sustainability ..., Oct 28, 2014

The Asian Development Bank (ADB) has approved two loans worth half a billion dollars to help the government in India's largest state of Rajasthan to better manage essential urban services and finance water and sewerage upgrades.
For the first time in India, we...

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India in danger of moving towards water scarcity condition: ADB

By : Sustainability ..., Aug 21, 2014

India is in danger of moving towards water scarcity conditions as per capita availability of water is reducing in the country, a Asian Development Bank official said Wednesday. 

He further said that the situation in India is challenging in the light of growing...

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India's rural sector deeply at risk from climate change: Report

By : Sustainability ..., Aug 21, 2014

India, one of the largest agrarian economies in the world, is deeply at risk from climate change, and could see economic losses of up to 8.7% of its gross domestic product (GDP) by 2100 if the world fails to respond to a host of climate threats, says a new Asian Development...

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Japan, ADB Announce Fund to Promote Low-Carbon Technologies in Asia

By : Sustainability ..., Jun 26, 2014

 The Asian Development Bank (ADB) announced today the establishment of a new trust fund to support the adoption of advanced low-carbon technologies in its developing member countries (DMCs), with a grant of 1.8 billion (about $17.65 million) from the Government of Japan....

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Asian Development Bank injects Rs 310 crore into Welspun's clean energy firm

By : Sustainability ..., Jun 20, 2014

 Heating up the investment sentiment in the clean energy space, Asian Development Bank has made its largest ever equity investment in the sector by pumping Rs 310 crore ($50 million) in Welspun Renewables Energy (WREL). 

This investment amount translates into ADB...

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India needs $2.3 trillion investment in energy sector by 2035: Asian Development Bank

By : Sustainability ..., Oct 15, 2013

 India's energy sector will need USD 2.3 trillion in investments by 2035, accounting for bulk of the energy share in South Asia, according to the Asian Development Bank.

In its 'Energy Outlook for Asia and the Pacific' report released on Monday, ADB also said that...

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ADB to Provide $500 Million for Renewable Energy Transmission System in India

By : Sustainability ..., Oct 10, 2013

 The Asian Development Bank (ADB) will provide $500 million to build a power transmission system needed to deliver clean electricity from wind and solar power projects in Rajasthan in Northwest India to the state and national grids.

“Boosting renewable energy is...

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ADB invests $2 million in pay-as-you-go solar for India

By : Sustainability ..., Sep 18, 2013

The Asian Development Bank (ADB) has revealed details of its US$2 million equity investment in Indian pay-as-you-go solar company Simpa Networks.

The ADB announced the deal in January and says the move is its first venture into small scale equity investment but may...

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