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15 May 2013
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.
1 May 2013
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.
22 Apr 2013
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.
12 Apr 2013
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.
12 Apr 2013
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.
19 Mar 2013
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.
15 Jan 2013
More public buses with lower greenhouse gas emissions will soon be deployed on the roads of major cities in the People’s Republic of China as ADB helps bus operators shift their fleets to cleaner fuel.
15 Nov 2012
ADB today signed an agreement to lend $25.1 million to Bangladesh’s largest food manufacturer, the PRAN group, to help the firm build three food manufacturing plants.
8 Nov 2012
ADB is creating a Supply Chain Finance Program that will bring over $1 billion to help cash-strapped small and medium-sized enterprises in Asia and the Pacific access capital that can help them grow.
22 Oct 2012
ADB is investing up to $6 million in Ipak Yuli Bank, one of Uzbekistan’s leading mid-sized banks, a move meant to contribute to private sector development by helping extend credit to worthy small businesses. This will be ADB’s first equity investment in a bank in Uzbekistan.
16 Oct 2012
Agricultural products moving through the northeastern port area of Tianjin will soon have an expanded shelf life and lower spoilage rates with ADB providing its first-ever logistics-related loan to establish a large capacity cold chain facility.
21 Sep 2012
ADB has approved a facility that may kickstart the Indian infrastructure bond market and ultimately channel substantial amounts of domestic and international pension and insurance funds into critically needed energy, railways, roads, water, and other infrastructure and utilities.
31 Aug 2012
Sri Lankans living in post-conflict and tsunami-hit areas will soon have better access to badly needed housing loans, after ADB approved a $15 million loan to DFCC Vardhana Bank to relend exclusively for home purchase or rehabilitation.
31 Jul 2012
ADB has approved an equity investment in a $625 million private equity fund focused exclusively on Philippine infrastructure projects - the largest and first of its kind in the country and well-timed to capitalize on various public-private partnership opportunities in the Philippines.
22 May 2012
ADB has participated in its first shari’ah-compliant project financing, providing assistance to two projects to build wind farms close to the port city of Karachi, Pakistan using two partial credit guarantees worth up to $66 million to the Islamic Development Bank.