Asian Development Bank (ADB)

State of the Climate in Asia 2024

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 …

India to be third largest economy by 2020, says top ADB official

The Asian Development Bank (ADB) Managing Director General Rajat M Nag on Thursday said that the way India's growing, it is quite possible that by year 2020 it will become world's third largest economy. "In 2008, India ranked world's 12th largest economy at $1.2 trillion. As it grows further in …

Laos powers ahead

Abundant in hydropower resources, it has taken on the role of a 'battery' for its electricity-starved neighbours Barun Roy / New Delhi March 11, 2010, 0:40 IST Later this month, after four years in the making, Laos

Diamer Basha dam project victims: government to make 'out of court' settlement

The government has decided to an 'out of court' settlement with the protesting affectees of Diamer Basha Dam to avoid further delay in the construction of the project, sources close to Manzoor Wattoo, Minister for Kashmir Affairs and Gilgit-Baltistan told this correspondent. The government will spend $8 billion on this …

In the market for proper sanitation

Poor sanitation helps spread disease, yet efforts to provide subsidized toilets have been resisted for cultural reasons in many developing countries. To improve the rate of uptake, some people are now advocating a market-based approach.

ADB aid for Assam

Asian Development Bank (ADB) is to provide, in first tranche, a sum of $60.3 million to the Union Government for funding Assam Power Sector Enhancement Programme, according to a release issued by Assam State Electricity Board (ASEB). The agreement on the loan, being provided under ADB's Multitranche Financing Facility, was …

ADB to provide $200 mn for power projects in Assam

The finance ministry and the Asian Development Bank (ADB) signed an agreement worth $60.3 million today for the Assam Power Sector Enhancement Investment Program in Guwahati. The loan is the first tranche under ADB

Naths ultimatum on road projects

Roads and transport minister Kamal Nath issued an ultimatum to state public works departments (PWD) today, declaring that states must facilitate land acquisition for road construction and utilise previously appropriated funds, otherwise delayed projects would be foreclosed while new ones would become increasingly difficult to procure. Following a meeting with …

ADB to fund climate change study in Northeast Asia

The Asian Development Bank (ADB) is to carry out a comprehensive study on the economics of climate change in Northeast Asia, Manila-based ADB said in a press release on Monday. The study

ADB project to help check AIDS in NE

The Asian Development Bank (ADB) has sanctioned a HIV/AIDS project worth USD 1.47 million for the North Eastern States of Assam, Meghalaya, Mizoram, Manipur and Nagaland. The region

ADB support to Sri Lanka to improve electricity connections in rural areas

The Sri Lankan government has taken measures to improve the aging power transmission network in rural areas of the country with the support from the Asia Development Bank. The Ministry of Power and Energy said the present power transmission network which was over 60 years old cannot handle the present …

Cabinet okays 8 rental power projects

ISLAMABAD: The federal cabinet has given the go-ahead to eight Rental Power Projects (RPPs) following the approval of an Asian Development Bank (ADB) report presented in the cabinet meeting, Federal Minister for Water and Power Raja Pervaiz Ashraf said on Wednesday. Addressing a joint briefing along with the information and …

Pakistan has one of the lowest energy efficiency levels

Critical to economic growth-and the most pressing need in Pakistan today-is energy. Despite wide-ranging power sector reforms, Pakistan still has one of the lowest levels of per capita power consumption and energy efficiency in the world. In a report on Pakistan "A Partnership against Poverty", Asian Development Bank said that …

Govt gets ADB for rural amenities plan

The government has roped in the Asian Development Bank to assist it in implementing the restructured programme of Providing Urban Amenities in Rural Areas on a pilot basis The government has roped in the Asian Development Bank (ADB) to assist it in implementing the restructured programme of Providing Urban Amenities …

Three new agriculture projects in the offing

With a view to increasing the competitiveness, productivity, quality and market access of Nepal's agricultural sector through crop diversification, commercialisation of farming and high value crops, the country's development partners have proposed three projects which are expected to be implemented within the next fiscal year. The Asian Development Bank (ADB) …

CFLs potentially harmful to health, environment: study

Pakistan will save overall 2.2 billion-dollar electricity in system annually by replacing 30 million old incandescent bulbs with compact fluorescent lamps (CFLs) in two years' time, says an ADB study. Assisting Pakistan in energy sector on many fronts, the bank study also says that the key benefits of the programme …

Work on Diamer-Bhasha dam to begin this year

ISLAMABAD: Federal Minister for Water and Power Raja Pervez Ashraf said on Thursday that work on Diamer-Bhasha dam would begin this year and the Asian Development Bank had given assurance of financing the project. Presiding over a meeting of ministerial committee on the project, he said the dam would open …

Tourism masterplan to be implemented within 2 years

UNWTO team holds discussions with authorities of the district administration in Patiala With the approval of the Punjab Tourism Master Plan by the state government in November 2009, the United Nations World Tourism Organisation (UNWTO) has now embarked on a plan to implement the same in a specific time frame. …

Rural infrastructure: Ministry to woo pvt sector

Taking forward the ambitious Provision of Urban Amenities in Rural Areas (PURA) scheme envisaged by former President A P J Abdul Kalam, the government will now woo the private sector to provide urban amenities in the rural heartland. The Rural Development Ministry is ready with a proposal to give 35 …

Wind power for remote communities in Asia gets ADB support

Wind offers a reliable and carbon emission-free source of electricity and the Asian Development Bank (ADB) is providing support to expand its use throughout remote communities in Asia, helping to alleviate poverty and improve lives. Wind power Technical assistance grants totalling $3.87 million from ADB

Sri Lanka, ADB sign USD 100 million loan agreement for Greater Colombo Wastewater Management Project

Sri Lanka and the Asian Development Bank (ADB) signed a USD 100 million loan agreement recently to launch the Greater Colombo Wastewater Management Project. The project aims to upgrade the sewerage infrastructure under the Colombo Municipal Council in the Greater Colombo Area and strengthen its institutional and operational capacity as …

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