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India, ADB ink loan pact for clean energy project in Himachal Pradesh

By : sustainabilityo..., Jan 18, 2011

The Government of India has signed a loan agreement with the Asian Development Bank (ADB) for 208 million dollars for Tranche 3 of this Investment programme titled 'Himachal Pradesh Clean Energy Development Investment Program'. 

This facility is for a series of...

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ADB Considering Loans for 580-Megawatt Solar Power Project in India

By : sustainabilityo..., Dec 27, 2010

The Asian Development Bank may provide loans to a 580-megawatt solar power park in India’s Gujarat state as the country aims to increase its solar power capacity to meet growing demand.

The solar power park is being developed in Charanka village by the Gujarat state...

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ADB to Offer Guarantees for $425 Million of Solar Power Projects in India

By : sustainabilityo..., Dec 14, 2010

The Asian Development Bank plans to back $425 million worth of investments in India’s solar power plants to help the projects secure financing.

The Manila-based lender plans to guarantee 50 percent of loans that international and Indian banks make to solar projects...

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ADB signs JV to develop renewable energy in India -

By : sustainabilityo..., Nov 25, 2010

The Asian Development Bank (ADB) today signed a joint venture agreement with India's NTPC Ltd. and Kyushu Electric Power Company of Japan to develop and operate 500 megawatts of renewable energy projects in India in the next three years.

India is the third largest...

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ADB may step up funding for clean development projects

By : sustainabilityo..., Nov 4, 2010

The Asian Development Bank (ADB) expects to step up its clean development mechanism (CDM) financing to Indian projects in areas such as renewable energy and solid waste management.

CDM financing is part of ADB's carbon market initiative and the bank helps its clients...

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ADB to Help Asia Unleash Solar Power Potential

By : Preeti Aggarwal, Oct 14, 2010

The Asian Development Bank (ADB) is to help Asia and the Pacific develop the know-how and capabilities to make solar energy a future large-scale power source.

A $2 million technical assistance grant will be used to establish the Asia Solar Energy Forum, a knowledge...

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ADB $150 Million Financing Facility to Help India Improve Urban Infrastructure

By : Preeti Aggarwal, Aug 12, 2010

The Asian Development Bank (ADB) is extending a $150 million multitranche financing facility to help India’s National Capital Region (NCR) accelerate plans to build urban infrastructure.

ADB’s Board of Directors approved the India National Capital Region Urban...

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New push for solar-energy projects in Asia

By : sustainabilityo..., Jul 4, 2010

The Asian Development Bank is leading the establishment of a nonprofit organization to promote the large-scale development of solar energy in Asia, a senior ADB official said this week.

The ADB will unveil the plan at the inaugural Asia Solar Energy Forum it is holding...

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ADB launches $9 bil. plan to develop solar power in Asia

By : sustainabilityo..., May 10, 2010

The Asian Development Bank on Monday launched a $9 billion initiative to spur the development of solar power in Asia's developing countries over the next three years.

ADB President Haruhiko Kuroda announced the initiative in a speech at the opening session of the ADB...

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India gets 800-million-dollar ADB loan to tap Himalayan hydropower

By : Roselin Dey, Mar 11, 2010

The Asian Development Bank said Friday it had approved an 800-million-dollar loan to help the Indian state of Himachal Pradesh expand hydropower generation with a series of projects in the western Himalayas.

With the help of the eight-year loan package, Himachal...

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