Bangladesh: The Asian Development Bank (ADB) has approved an assistance package of more than $357 million for a project that will develop two power transmission lines in support of Bangladesh’s national target of electricity for all by 2021.
The Asian Development Bank (ADB), with co-financing from Asian Infrastructure Investment Bank (AIIB), will provide $150 million for an ongoing power transmission project in India, whose aim is to deliver more clean energy.
Nepal, Kathmandu: The Government of Nepal has signed an agreement with the Asian Development Bank for a $150 million loan to implement electricity transmission and distribution efficiency enhancement projects.
The Asian Development Bank (ADB) has approved an $80 million loan to Electric Networks of Armenia CJSC (ENA) to help improve electricity distribution and increase energy independence and efficiency in Armenia, reports EBR.
Pakistan, Lahore: Lahore Electric Supply Company (Lesco) is purchasing 41 transformers and other equipment from a Chinese company after receiving a soft loan from the Asian Development Bank to increase the capacity of its 132 kV grid.
Tonga: The Asian Development Bank (ADB) has approved a second additional financing of $5 million for a renewable energy project aimed at upgrading and expanding the existing power distribution grid in the Tonga’s outer islands of Vava’u and ‘Eua.
The Asian Development Bank (ADB) has signed memorandum of understanding (MoU) with the US Agency for International Development (USAID) to jointly support the development of clean energy infrastructure 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.
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.
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.