News Releases

1 May 2013

ADB Supports Hydro and Wind Power Plants in India with Equity Investment

ADB is investing $30 million equity in NSL Renewable Power Private Ltd. (NRPPL), a leading renewable energy company in India, to support hydropower and wind power projects that will generate 530 gigawatt-hours every year, and reduce carbon dioxide emission by 400,000 tons annually from 2017 onward.
1 May 2013

Participants Gather for ADB's 46th Annual Meeting

Delegates have begun arriving today at the India Expo Centre and Mart in Greater Noida, Delhi National Capital Region, to register for ADB's 46th Annual Meeting of its Board of Governors, which begins May 2nd.
22 Apr 2013

ADB Assistance Tops $21.5 Billion in 2012

ADB approved $21.57 billion in financing operations including cofinancing last year, according to ADB’s 2012 Annual Report, released ahead of its 46th Annual Meeting of the Board of Governors to be held 2–5 May in Delhi, India.
16 Apr 2013

ADB's 46th Annual Meeting to Focus on Empowerment

Ministers and senior government officials, business leaders, fellow international institutions, and civil society representatives are set to gather in Noida, India from 2-5 May for the 46th Annual Meeting of ADB, which will focus on development through empowerment.
9 Apr 2013

Asia's Future Prosperity Requires Major Change in Energy Use

Asia is moving along a dangerously unsustainable energy path that will result in environmental disaster and a gaping divide in energy access between rich and poor unless the region dramatically changes course, says a new ADB report.
9 Apr 2013

Developing Asia's Growth Steps Up to 6.6% in 2013

Rising private consumption and stronger intraregional trade will spur a pickup in growth in developing Asia in 2013 and 2014, as economic activity in the US and Europe remains in the doldrums, ADB says in a major new report.
9 Apr 2013

Structural Reforms Key for India to Return to High Growth

Reforms are needed in India to facilitate the turnaround from growth deceleration due to structural bottlenecks, deteriorating investment and a worsening current account deficit, says a new ADB report.
26 Mar 2013

ADB Annual Meeting to Focus on Development through Empowerment

The 46th Annual Meeting, taking place in Delhi from 2-5 May, will focus on Development through Empowerment and feature leading experts speaking on job skills for the 21st century, moving beyond "Factory Asia," finding financing for infrastructure, preparing for disasters, financing universal health care, and delivering effective public services, among other topics.
19 Mar 2013

Pay-As-You-Go Model Expands Solar Energy Access in Rural India

More than 60,000 households in rural India will have better access to electricity by 2015 as Simpa Networks, a company supported by ADB, scales up the sales of its off-grid, pay-as-you-go solar energy solutions.
1 Feb 2013

ADB President Meets Finance Minister on Annual Meeting, Attends Delhi Summit

The President of ADB, Haruhiko Kuroda, visited New Delhi, India this week to discuss ADB Annual Meeting preparations with India’s Finance Minister Palaniappan Chidambaram and to attend the Delhi Sustainable Development Summit.