The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
The Asian Development Bank (ADB) will provide 97 million dollars to fund a new private sector hydroelectricity plant to ease power shortages as well as creating new jobs opportunities in the country. A statement issued by the Bank here on Tuesday said that approval of 97 million dollars loan for …
A joint team of the World Bank (WB) and Asian Development Bank (ADB) has started damage and need assessment survey in the flood-hit areas of Sindh. National Disaster Management Authority (NDMA) chairman Dr Zafar Iqbal Qadir told reporters on Monday that water in many areas had started receding and the …
The Asian Development Bank has announced a USD 200 million loan to improve water supply and other urban services in Assam. “ADB is extending USD 200 million to improve the water supply and other urban services in Guwahati and Dibrugarh, two major cities in the Indian state of Assam,” the …
The Asian Development Bank (ADB) will extend a loan of $750 million for the national power transmission improvement project of Power Grid Corporation of India. The loan will finance the project for bulk transmission of 3,000 megawatts of electricity from independent power producers in Chhattisgarh to areas in the north, …
Climate Change is taking a heavy toll on Pakistan, said Mister for Science and Technology (S&T;) Mir Changez Khan Jamali while addressing a technical session of the 5th International Conference on Flood Management, being held at International Centre for Water Hazard and Risk Management (ICHARM), Tokyo, Japan. According to a …
*Funding for Bikram Chowk flyover shortly JAMMU: A joint high level team of Union Ministry of Finance (MoF) and Asian Development Bank (ADB) is arriving here on October 7 for two day visit during which preparedness for the start of work on Bikram Chowk flyover would be reviewed. Keeping in …
WASHINGTON: Pushing for a special focus on global funding for infrastructure in emerging markets, India has called for making additional resources available to the World Bank and the regional development banks to meet the large requirements of developing nations. "While we appreciate the need to focus on stability issues, additional …
The ambitious three package solid waste management scheme in the MCC limits will be realised soon with the Corporation opening the technical bid for the scheme. If the scheme is implemented in the city corporation limits, then there would be no dust bins overflowing beside the road or in any …
The Asian Development Bank in a latest study projected that the energy demand of the SAARC’s eight nations would double within next 10 years and suggested developing a regional power market to cope with the situation. The 4th SAARC Energy Ministerial Meeting held in Dhaka Thursday adopted the study report …
New Delhi: Asian Development Bank (ADB) on Wednesday trimmed growth forecast for India to 7.9% for the current fiscal, from 8.2%, in the wake of subdued growth of major world economies and rising crude oil prices. The ADB’s ‘Asian Development Outlook 2011 Update’, which was released on Wednesday, has also …
Senior officials of the energy sector from SAARC countries have agreed in principle, with some reservations, with the draft SAARC Inter-Governmental Framework Agreement for Energy Cooperation which was prepared by India. The decision was made at a meeting of senior government officials of the energy sector from SAARC countries on …
KOLKATA, 8 SEPT: The Asian Development Bank (ADB) today cleared the Kolkata Municipal Corporation's proposal to augment the city's water supply and upgrade of sewerage and drainage system. Mayor Mr Sovan Chatterjee today met a five-member ADB team this afternoon. The Detailed Project Report (DPR) of the projects will be …
To prevent accidents and ensure free flow of traffic Underscoring that the growth of a State would be judged best by the quality of well-connected roads, Chief Minister Jayalalithaa on Wednesday announced various projects, including the development of three Chennai roads to international standards and extension of East Coast Road …
Two important processes that could decide the fate of our common water future are in the pipeline now in the country. The National Water Policy 2002 is up for a revision and the Planning Commission is drafting India’s Twelfth Five Year Plan. A country which is fast turning into a …
The US is considering financial support for a $12 billion Diamer Bhasha Dam in an attempt to improve its battered image in the country, reports Guardian. According the newspaper report, the Diamer Bhasha dam would provide enough electricity to end crippling shortages in the country. "It is said its reservoir …
The Asian Development Bank (ADB) would extend loans of up to $500 million to Indian Railways to help improve its services along some of the busiest freight and passenger transport routes. The investment would target various routes in Chhattisgarh, Orissa, Maharashtra, Karnataka and Andhra Pradesh, including the critical 'golden quadrilateral' …
JAMMU: Minister for Revenue, Relief and Rehabilitation Raman Bhalla has said that Government has sanctioned Rs. 10 crore for immediate restoration of damages caused due to flash floods and incessant rains in Jammu division. The Minister said this while interacting with the people of Dharp village after launching Rs. 20 …
The State government will implement a Rs.450-crore special tourism development project for the beautification of tourist centres and improvement of basic facilities along the east coast corridor and southern tourist circuit, Tourism Minister Gokula Indira told the Assembly on Tuesday. Of the project cost, the Asian Development Bank would contribute …
China has agreed to provide loan worth $1.6 billion for the much talked about West Seti Hydropower Project. The northern neighbour is investing in Nepal’s hydropower sector for the second time after Upper Trishuli 3A. Outgoing Energy Minister Gokarna Bista said Beijing has agreed the loan for the 750 MW …
Prime Minister Syed Yousuf Raza Gilani has appreciated the role of the Asian Development Bank in undertaking the projects in various sectors in Pakistan and expected that this partnership would continue, so critical for improving the quality of life of the people of Pakistan. The prime minister said this when …
