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 …
More than 245 million Asians were lifted out of extreme poverty in the last five years despite the global economic crisis, the Asian Development Bank said, citing the region's brisk economic growth. China, the world's most populous nation, outperformed other Asian countries, with an estimated 141.13 million people leaving the …
The Asian Development Bank has agreed to provide a $270 million loan for rehabilitation and upgradation of the Suleimanki barrage in Punjab. Official sources told Dawn on Wednesday that the ADB had already carried out an evaluation study of the project which aims to modernise the water management system of …
KOLKATA, 23 AUG: The Kolkata Municipal Corporation (KMC) has proposed to upgrade the Gardenreach water works under public-private-partnership (PPP) model with the loan available from the Asian Development Bank (ADB). This indicates that the civic authorities are contemplating to introduce water tax despite the chief minister Miss Mamata Banerjee categorically …
Mannar and the adjoining coastal areas were identified as the most suitable for setting up a wind energy park, the Power and Energy Ministry said. It said that plans to harness wind power along the north western coast of the country was a top priority and high on the agenda …
Mannar and the adjoining coastal areas were identified as the most suitable for setting up a wind energy park, the Power and Energy Ministry said. It said that plans to harness wind power along the north western coast of the country was a top priority and high on the agenda …
The Asian Development Bank will provide a loan to fund the first privately owned and financed wind farm in Pakistan. The plant will provide the much-needed additional power for the country and improve energy security besides low reliance on fossil fuels. Zorlu Enerji Electrik Uretim will use the $36.8 million …
Sri Lanka plans to harness the wind power along the northwestern coast of the country and has identified Mannar and the adjoining coastal areas as suitable for setting up a dedicated Wind Energy Park. The Cabinet of Ministers Wednesday approved a proposal made by Power and Energy Minister Patali Champika …
The government has commenced a water supply and sanitation project with Asian Development Bank funds to improve water supply and sanitation facilities of the people in Jaffna and Kilinochchi districts in keeping with the government's target to provide safe drinking water for all citizens. The Japanese Fund for Poverty Reduction …
The Asian Development Bank (ADB) yesterday said it would extend a $300 million energy infrastructure loan to help Bangladesh address critical power shortages that are undermining the economy and slowing poverty reduction efforts. The bank's Board Of Directors yesterday approved the loan for the Power System Efficiency Improvement Project, which …
Asian Development Bank (ADB) has assured to fully support power sector reforms, energy efficiency and improvement and energy conservation programme in the country. Rune Strom, Director Energy of ADB while talking to the Federal Minister for Water and Power, Syed Naveed Qamar on Tuesday said ADB will also provide financial …
Marg Ltd, a Chennai-based integrated infrastructure company plans to launch a ‘Provision of Urban Amenities in Rural Areas' project in Karaikal. The company won the Rs 93-crore public private partnership project of the Ministry of Rural Development of the Government of India through competitive bidding. The PURA projects envisage provision …
AS reported recently by media, the Asian Development Bank has 'agreed in principle' to provide financial support to Bangladesh for implementing a solar project for generation of 500MW power. The assurance came from the top executives of the multilateral lending agency at its 3-day Asia Solar Energy Forum conference in …
Mangalore: The Mangalore City Coporation had been mulling on providing uninterrupted water supply in its limits for quite some time now. Now the proposal on the 24X7 water is ready. The total estimated cost of the project would be Rs 138 crore. Once the proposal on the 24X7 water supply …
SHILLONG: The State government will introduce a universal health insurance scheme soon. Informing this here on Monday, Chief Minister Dr Mukul Sangma said, ”under the proposed universal health insurance, the coverage would be Rs one lakh per year and Rs two lakh per year in case of critical situation,” He …
Stress on need to evolve new development model Chief Minister Oommen Chandy has urged the Union Department of External Affairs and the Asian Development Bank (ADB) to keep to the least minimum the charges levied on the assistance given to the States. Inaugurating a tripartite portfolio review meeting of ADB-assisted …
A self-contradictory stance of the National Board of Revenue (NBR) has put the investment of more than Tk 100 crore in the country's solar system manufacturing sector at risk, industry insiders said. According to sources in the solar industries, after its growing popularity, rising demand and changing scenario of the …
Against the backdrop of growing concern about the challenges of climate change, financial sector's leaders have advised banks and other financial institutions to asses the risks of projects for climate change before appraising credit proposals to avoid loan losses. The suggestion came today at a discussion on environmental risk management …
In a week when the central food ministry is reviewing the functioning of the much-maligned public distribution system (PDS) and plans to pull up laggard states on poor storage facilities, low grain offtake, high diversion and a persistently slacking programme, an objective relook at the world
The Himachal Pradesh Government on Wednesday inked a $95.16 million loan agreement with the Asian Development Bank to strengthen tourism infrastructure in the State under the Infrastructure Development Investment Programme for Tourism. The agreement was signed here by State Principal Secretary (Tourism) Manisha Nanda and ADB officer in charge of …
