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.
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.
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.
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.
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.
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
Jakarta [Indonesia], June 29: Amid the dynamic and complex regulatory landscape in Indonesia, the business sector increasingly relies on external legal expertise to navigate various legal challenges. Over the past year, at least 129 law firms in Indonesia have handled merger and acquisition
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.
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.
Luxembourg City [Luxembourg], June 25: IBISA, a Climate Insurtech company, has closed a USD 3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, alongsi
According to ADB, the loan, part of the Strengthened and Measurable Actions for Resilient and Transformative Health Systems (SMART Health) Subprogram 1, is designed to support the Indian government's National Health Policy 2017.
In order to address development challenges resulting from the effects of climate change in Asia and the Pacific, the Asian Development Bank (ADB) has committed USD 50 million to the Actis Asia Climate Transition Fund, the ADB said in a news release.