#Asian Development Bank


papua new guinea

PM thanks Japan for powering PNG

Papua New Guinea: The people and Goverment of Japan have been commended for their partnership in the Papua New Guinea electrification programme.

ADB grants $1B loan for grid expansion 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.

ADB grants $600M loan for power system upgrades

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.

ADB invests $1 billion into Azerbaijan power network

Azerbaijan, Baku: The Asian Development Bank (ADB) and Government of Azerbaijan have signed a Memorandum of Understanding for a $1 billion investment program to rehabilitate and expand the country’s power distribution network.

Tajikistan to receive $54 million grant from ADB

Tajikistan: The Asian Development Bank (ADB) has approved the $54 million grant designed to improve the electricity supply to industrial facilities and population of Tajikistan.

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Pakistan signs $ 167.2 million loan with ADB

Pakistan, Islamabad: Pakistan and the Asian Development Bank (ADB) signed a loan agreement for $ 167.2 million for the ‘Power Distribution Enhancement Investment Programme’.