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ADB issues $250 mn loan to India to expand energy efficiency investments

By : Sustainability ..., Dec 18, 2019

The Asian Development Bank (ADB) has signed a USD 250 million loan agreement with the Centre to expand energy efficiency investments in India, according to an official statement. The loan agreement to provide loan to Energy Efficiency Services Limited (EESL) was signed on...

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ADB approves $250 mn loan to EESL to expand energy efficiency investments

By : Sustainability ..., Nov 28, 2019

The Asian Development Bank (ADB) on Wednesday said it has approved a loan of $250 million (about Rs 1,775 crore) as part of an assistance package to EESL to expand energy efficiency investments in India. The new ADB project is a sector loan guaranteed by the Government of...

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ADB to provide USD 91 mn loan for Vijayanagara Channel

By : Sustainability ..., Nov 19, 2019

The Asian Development Bank (ADB) will provide USD 91 million loan to modernise the Vijayanagara Channel irrigation systems and prepare river basin management plans in the Krishna river. The basin management plan will help improve irrigation water use efficiency and contribute...

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ADB to give $451 mn for Chennai-Kanyakumari Industrial Corridor power links

By : Sustainability ..., Nov 5, 2019

The Asian Development Bank on Monday said it will provide a $451 million (about Rs 3,200 crore) loan to strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. The total cost of the project is...

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ReNew Power secures USD 390 million debt funding from Asian Development Bank

By : sustainabilityo..., Jan 18, 2017

ReNew Power Ventures, a leading renewable energy development company, has secured a $390 million long-term debt from Asian Development Bank (ADB). 

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Rooftop solar projects to get $1.5 billion foreign aid

By : sustainabilityo..., Jan 12, 2016

The World Bank, Asian Development Bank and the New Development Bank formed by the BRICS nations are providing loans to boost India's rooftop solar programme.

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Asian Development Bank To Double Climate Finance To $6 Billion A Year By 2020

By : sustainabilityo..., Sep 28, 2015

The Asian Development Bank will significantly increase lending support for projects aimed at climate change mitigation and adaptation.

The Manila-based Asian Development Bank (ADB) announced that it would increase annual climate finance lending to $6 billion by 2020,...

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