#ADB

Mozambique: The African Development Bank has approved a grant of $2.5 Mt o increase renewable energy in Mozambique.

India, New Delhi: The Asian Development Bank (ADB) and the government of India have signed a $300 M loan.

India, Karnataka, Bengaluru: Asian Development Bank (ADB) and the Government of India have signed a $100 M loan agreement.

Asian Development Bank (ADB) approved a loan of $190 M to modernize and upgrade the power distribution system in Bengaluru city, Karnataka.

ADB has approved a $127.8 M loan to help expand the Cambodian power grid, while the government is making progress in expanding lower-cost power generation.

Bangladesh: The Asian Development Bank (ADB) has approved an assistance package of more than $357 million for a project that will develop two power transmission lines in support of Bangladesh’s national target of electricity for all by 2021.

The Asian Development Bank (ADB) has signed memorandum of understanding (MoU) with the US Agency for International Development (USAID) to jointly support the development of clean energy infrastructure in India.

The Asian Development Bank (ADB) has granted $1 billion in financing to India’s national transmission company Power Grid Corporation of India (Powergrid) to fund renewable energy transmission and grid expansion projects.

Indonesia, Sumatra: The Asian Development Bank (ADB) has agreed to provide $600 million loan to Indonesia’s state electricity corporation, Perusahaan Listrik Negara (PLN), to upgrade transmission and distribution system in Sumatra.

Pakistan, Karachi: Asian Development Bank (ADB) has approved a $6 billion five-year funding strategy which will help Pakistan to reform energy sector and upgrade its power infrastructure.

Kyrgyzstan, Jalal-Abad: The Asian Development Bank (ADB) will finance installation of two power transformers 500 kV at the Toktogul Hydroelectric Station in Kyrgyzstan as part of the financing agreement for the Kyrgyz Energy Sector Rehabilitation Project.