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21 Jan 2011
ADB has agreed to lend up to $100 million to a privately owned gas-fired power plant in Pakistan that will help alleviate chronic power shortages which are undermining growth and poverty reduction.
17 Jan 2011
ADB and Afghanistan's Minister of Finance later this week will sign two agreements totaling more than $340 million that will lead to the completion of Afghanistan's vital Ring Road and to improvements in the power sector.
14 Jan 2011
With its rapidly growing electricity demand, ample land availability and strong government commitment to sustainable economic growth, India can play a leading role in generating solar energy in the Asia and Pacific region, ADB's Director General for South Asia said today.
9 Dec 2010
Nam Theun 2, the Lao People's Democratic Republic's largest hydropower facility, was officially inaugurated today, signaling a new era for growth, development and poverty reduction in the landlocked Southeast Asian country.
2 Dec 2010
ADB will provide a $200 million loan to Indonesia for an ongoing program designed to remove obstacles to infrastructure investment.
1 Dec 2010
ADB will set up a new fund which will pool public and private resources to help Afghanistan finance much-needed infrastructure.
1 Dec 2010
The Asia Solar Energy Initiative - a major program launched by ADB in May this year to identify and develop large capacity solar projects - will increase the amount of solar power generated in the Asia and Pacific region six-fold to 3,000 megawatts by mid-2013, ADB President Haruhiko Kuroda said today.
29 Nov 2010
ADB will increase support for clean energy development with an injection of up to $40 million in two new private equity funds that will target investments in promising green companies and projects across the region.
26 Nov 2010
ADB will extend $120 million in loans to Papua New Guinea for renewable energy facilities that will help the country meet critical electricity supply gaps in provincial urban centers.
24 Nov 2010
ADB today signed a joint venture agreement with India's NTPC Ltd. and Kyushu Electric Power Company of Japan to develop and operate 500 megawatts of renewable energy projects in India in the next three years.