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 Indian economy is expected to grow at a slower 8.2% in the current fiscal, down from 8.6% last year, as high oil prices coupled with monetary and fiscal tightening would have a dampening effect on demand, the Asian Development Bank (ADB) has said. The multilateral lender expects a slowdown …
The state government will take up matter for enhancing the amount of loan provided by with the Asian Development Bank (ADB) to state transmission utility for the implementation of the transmission plan during the visit of the bank
As water gets scarce, the lendings in the sector by international financial institutions like the World Bank and the Asian Development Bank (ADB) are being looked into more critically. Most critics believe that with small investments, the banks have been able to dictate water policies in developing countries. These institutions …
Shimla: The government will spend Rs 10.39 crore on creating various infrastructure facilities at the Pong Dam lake in the first phase under the Asian Development Bank-funded Infrastructure Development Investment Programme for Tourism. Director of Tourism Arun Sharma said his department would also promote community-based tourism activities for generating employment …
The Asian Development Bank (ADB) will provide Rs 10 billion (US$ 90 million) for the implementation of Jaffna and Kilinochchi Water Supply and Sanitation project in line with the Government's target of providing safe drinking water for all citizens. The main objectives of the project are to improve water supply …
Bangladesh will face mounting challenge of resettling and rehabilitating the people displaced by climate change, says an Asian Development Bank study. The country is already at high risk of catastrophic environmental hazards and floods from sea surges, river flow, rainfall and coastal and riverbank erosion that are likely to force …
The Asian Development Bank (ADB) will be providing a loan to help fund the first privately owned and financed wind farm in Pakistan. The output from the plant will provide much-needed additional power for Pakistan; improve the country
ISLAMABAD (February 02, 2011) : The Asian Development Bank (ADB) has refused to provide lending for the multi-billion dollars Diamer Bhasha dam project during the current calendar year despite Pakistan government's assurance of eliminating subsidy to the power sector, Business Recorder has learnt. The ADB has requested a financing plan …
The Asian Development Bank (ADB) has proposed a water resources development and management investment programme with funding of $400 million in four tranches to establish sustainable increase in production value of Sindh
Besides the famous rock-cut Masroor temple, hydro-electric projects, apple orchards and dam sites will now be publicised as new tourism destinations among schoolchildren of Himachal and other states. During a seminar held at Dharamsala on Masroor temple of Kangra district on Tuesday, Chief Minister Prem Kumar Dhumal said the state …
Rs 2500 crore has been spent on increasing power supply and strengthening network under ADB Project in the state during the last five years. Under the project, 220 KV and 132 KV sub stations and lines have been constructed after strengthening transmission network. As a result of this, power generation …
The Finance Ministry today signed a loan agreement with the Asian Development Bank (ADB) for $208 million for the third tranche of the Himachal Pradesh Clean Energy Development Investment Program. According to a Finance Ministry statement, this facility is for a series of loans to provide funding for four hydropower …
As part of the initiative to boost power sector in the State by reducing transmission and distribution losses and upgrading the power work facilities, the Government of India today signed a loan agreement with the Asian Development Bank (ADB) for $89.7 million under the Assam Power Sector Enhancement Programme, Tranche- …
Rubbishing the claim of mayor, Mr Shovan Chatterjee, that the Trinamul Congress-led Kolkata Municipal Corporation (KMC) board never wanted to install water meters in the city, the state municipal affairs minister, Mr Asok Bhattacharya, today said the issue of purchasing water meters was mentioned in the agenda paper of the …
Santosh Singh Upwardly mobile Bihar is now set to become the first state in the country to use latest cellphone technology Android for central monitoring of road construction. Come January 10, Bihar State Road Development Corporation (BSRDC), under the Road Construction Department (RCD), will deploy Android to help executive engineers …
Himani Kaushik Working as a major partner with the government in the infrastructure sector, multilateral financing institution Asian Development Bank is trying to clear the bottlenecks faced by the sector and improve private participation. In an interview to Himani Kaushik, ADB country head, Hun Kim said the bank is likely …
At a time when the government has given emphasis to the construction of large and medium-sized reservoir-type hydroelectricity projects, the 127 MW Upper Seti Hydro Electricity Project (USHEP) got a much needed boost on Thursday with the government and the Asian Development Bank (ADB) signing an agreement for a technical …
The Asian Development Bank has kickstarted the Assam Urban Infrastructure Project and identified two towns, Guwahati and Dibrugarh, for assistance. Sources said the idea behind the starting the proposed project was to provide a good opportunity for the Assam government and ADB to start a long-term strategic urban development partnership, …
A think tank, comprising experts from around the world, including India, is meeting in the city tomorrow to find sustainable solutions to various problems related to the Brahmaputra. The think tank, christened Core Professional Group for the Brahmaputra, is a registered body of international and national professionals seeking to address …
