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ADB Invests USD 100 Million in solar energy company Fourth Partner Energy
Updated : 1 year, 7 months ago IST
The Asian Development Bank (ADB) has invested $100 million in Fourth Partner Energy to help India's commercial and industrial sectors switch to cleaner energy through large-scale solar, solar-wind hybrid, and rooftop solar projects, the ADB said in a press release on Tuesday.
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India's working-age population to rise until 2040 amid declines in China a
Updated : 1 year, 7 months ago IST
As per ADB, Asia and the Pacific can effectively manage their demographic deficits through proactive regional migration policies and human capital investment.
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Asian Development Bank to give USD 200 mn loan for Swatch Bharat Mission 2
Updated : 1 year, 7 months ago IST
The Asian Development Bank (ADB) and India signed a USD 200 million loan agreement to improve solid waste management and sanitation in 100 cities across eight states in India, said ADB on Tuesday.
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India's Digital Infrastructure paving ways for MSME financial inclusion: I
Updated : 1 year, 7 months ago IST
The report identifies several key obstacles, such as the inadequacy of collateral, difficulties in verifying the creditworthiness of MSMEs, and the high transaction costs associated with providing small loans. These factors make lending to MSMEs less attractive for financial institutions.
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ADB approves USD 240.5 mn loan for rooftop solar systems in India
Updated : 1 year, 7 months ago IST
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy.
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ADB raises growth forecast for developing Asia to 5.0 per cent, calls Indi
Updated : 1 year, 7 months ago IST
The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian Development Outlook.
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ADB approves USD 100-mln loan for power sector reforms in Sri Lanka
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) approved a USD 100 million policy-based loan to support and facilitate reforms in Sri Lanka, aimed particularly at enhancing the financial sustainability of the power sector in the island country.
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Pakistan's public sector enterprises suffocate under mounting PKR 1.7 tril
Updated : 1 year, 8 months ago IST
Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
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ADB, ENGIE group partner to build 400 MW solar plant in Gujarat
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) and the ENGIE group have signed a long-term loan agreement to construct and operate a 400-megawatt solar photovoltaic power plant in Surendranagar district in Gujarat, the regional development bank headquartered in Manila said in a release.
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India inks USD 170 million policy-based loan with ADB to strengthen pandem
Updated : 1 year, 8 months ago IST
The signed loan agreement is named 'Strengthened and Measurable Actions for Resilient and Transformative Health Systems Programme (Subprogramme 1)'. It was signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India and
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DoTCA hosts business opportunity conference for tourism development in Cha
Updated : 1 year, 8 months ago IST
The conference, chaired by RK Bali, Chairman of the Himachal Pradesh Tourism Development Corporation (HPTDC), focused on fostering partnerships between the public and private sectors to develop world-class tourism infrastructure under a new Asian Development Bank (ADB) project.
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ADB & Aadhar housing partners to give housing loans to low-income wome
Updated : 1 year, 8 months ago IST
The financing will be utilised to provide housing loans to women and address the shortage of financing in the low-income and affordable housing segment in the country.
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