ADB
Tata Power signs MoU with ADB for clean energy financing
- Nov 22, 2024
Tata Power and the Asian Development Bank (ADB) have signed a memorandum of understanding coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan, to evaluate financing for its several strategic projects aimed at enhancing Read more
PM Modi inaugurates CESL’s solar-powered EV charging carport
- Nov 4, 2024
Prime Minister Narendra Modi recently inaugurated the solar-powered electric vehicle charging carport at the Statue of Unity in Kevadia, Gujarat. Developed by Convergence Energy Services Ltd (CESL), a subsidiary of Energy Efficiency Services Ltd, this innovative Read more
ADB approves $200-mln loan for Uttarakhand power grid
- Dec 6, 2023
Asian Development Bank (ADB) has approved a $200-million loan to improve the quality, efficiency, and reliability of power supply in Uttarakhand. Project Scope The project will modernize capital city Dehradun’s power network infrastructure by introducing an advanced and climate-resilient underground Read more
ADB to finance major power sector upgrade in Tripura
- Jan 3, 2023
Asian Development Bank (ADB) will be supporting Tripura government to undertake a major power sector revamp in the northeastern state. According to information available, the overall project will cost Rs.2,275 crore out of which Rs.1,820 crore (or $220 million) Read more
ADB and India sign loan agreement for Bengaluru power distribution upgrade
- Jan 5, 2021
Asian Development Bank (ADB) and the Government of India have recently signed a $100-million loan agreement to modernise and upgrade the power distribution system to enhance the quality and reliability of electricity supply in Bengaluru city in Karnataka. The Read more
ADB approves $231-million loan for hydropower project in Assam
- Jan 1, 2021
The Asian Development Bank (ADB) has approved a $231-million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Assam. This loan is the third and largest tranche of the $300-million Assam Power Sector Investment Program approved by Read more
ADB approves loan to modernize power distribution in Bengaluru
- Dec 9, 2020
Asian Development Bank (ADB) recently approved a combined sovereign and non-sovereign loan of $190 million to modernize and upgrade the power distribution system in Bengaluru city, Karnataka. The ADB assistance for the Bengaluru Smart Energy Efficient Power Distribution Project Read more
Larsen & Toubro wins power transmission orders overseas
- Nov 12, 2020
The Power Transmission & Distribution Business of Larsen & Toubro has won a slew of orders in the international market. In Nepal, the business has won an order to design, supply, installation and commission a crucial 220kV gas insulated Read more
ADB, IEA renew agreement on energy sector collaboration
- Jul 10, 2020
The Asian Development Bank (ADB) has renewed a memorandum of understanding (MOU) with the International Energy Agency (IEA) to scale up collaboration and advance progress on sustainability with increased focus on energy Read more
ADB approves $346 million loan for Maharashtra power grid
- May 7, 2020
Asian Development Bank (ADB) has approved a $346-million loan to India to help provide efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. Maharashtra is the second-most populous state in India, and about half Read more