News Releases

Latest News Releases


ADB is partnering with 13 banks to support China Gas Holdings Limited expand natural gas coverage into smaller cities in the central and western regions of the People’s Republic of China.

Small and medium-sized enterprises located in Sri Lanka’s post-conflict and tsunami-hit areas, where unemployment is high, will soon have better access to finance to start or expand businesses, after ADB signed a $15 million loan with Nations Trust Bank.

ADB is extending a $50 million loan to AccessBank Azerbaijan, the country’s sixth largest bank, to support micro-, small- and medium-sized enterprises operating outside of its capital Baku. The loan has a five year tenor and is priced at market conditions.

The Philippine Investment Alliance for Infrastructure, a fund which is partly financed by ADB, is investing up to $85 million for a wind farm project in the northern part of the country.

ADB is helping a private sector company in Armenia rehabilitate its hydropower plants to restore the country’s renewable energy capacity and improve the power plants’ reliability and safety.

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.

Local dairy and fruit farmers in Kazakhstan are expected to secure long-term supply contracts from the country’s leading beverage company as it expands production facilities and improves its delivery system through financial assistance from ADB.

ADB is extending $200 million in loans to the Dynagreen Environmental Protection Group Company to help small and medium-sized cities in the People’s Republic of China (PRC) turn their growing mountains of solid waste into a sustainable source of renewable energy. The loan agreement was signed today in Beijing.

ADB is providing $85 million for the construction of three solar power plants in central Thailand, under a public-private partnership program, that will generate 57 megawatts in contracted capacity.

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.