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 …
Pakistan and the Asian Development Bank will sign an agreement for $900 million ADB assistance for Jamshoro power generation project here on Wednesday. An ADB delegation, led by Vice President Wencai Zhang, is already in Islamabad for the signing of the agreement. The Jamshoro coal-fired power project, being the first …
The Asian Development Bank (ADB) will provide US$ 310 million in loan to improve Bangladesh's power supply system, and reduce power outages and shortages. It confirmed the assistance Tuesday. Under the government-formed $1.6 billion fund for the Power System Expansion and Efficiency Improvement Investment Programme, the Manila-based lender would provide …
Weather radars are to be installed at different three places in the country to collect and disseminate reliable information about weather conditions at the local-level. Director General of the Department of Hydrology and Meteorology, Rishiraj Sharma, said that modern radars are going to be installed in three important 'basin' areas …
Asian Development Bank will provide USD 275 million loan for improving rural road connectivity in five states in the country. "The Government of India and ADB today signed a USD 275 million loan agreement to continue improving rural roads in five states including Assam, Chhattisgarh, Madhya Pradesh, Odisha and West …
A total road network of 1790.37 km will be established in 14 districts ADB approves Rs 967 cr road projects for Phailin hit regions The Asian Development Bank (ADB) has approved Rs 966.75 crore for 484 new road projects to be implemented across 14 districts of Odisha hit by tropical …
The Asian Development Bank today signed a $200 million loan agreement with India to help rehabilitate people who were affected by floods and landslides in Uttarakhand last June. “The loan will help in the economic and social recovery of Uttarakhand by rebuilding roads and bridges, tourism infrastructure, and urban water …
The ADB has found "prima facie evidence of non-compliance with (its) policies and procedures" In what could be fresh trouble for the Tata group’s 4,000-Mw ultra mega power plant (UMPP) in Mundra in Kutch, Asian Development Bank’s (ADB) board has ordered compliance review of the project in accordance with the …
The Kathmandu Metropolitan City is to install 300 solar street lamps in different parts of the town as per its Ujyalo Kathmandu programme . According to information given by Metropolitan Chief Executive Officer Laxman Aryal, the Asian Development Bank (ADB) has provided an assistance of Rs. 380 million for this …
China and Japan should put aside their diplomatic differences and find common ground in protecting the environment, the Asian Development Bank (ADB) said Monday. Takehiko Nakao, ADB's president, said China could learn from Japan's historical record in cleaning up its once heavily polluted environment. "The area of environment is a …
The Asian Development Bank, the United Kingdom, and the Rockefeller Foundation are teaming up to help Asia’s fast growing secondary cities protect their urban poor from the ravages of climate change. The three partners have agreed to roll out an innovative programme to help 25 secondary cities in the region …
Funds have been allocated to set up a purified water project in Jaffna and the islands surrounding the peninsula, Water Supply and Drainage Ministry Secretary Amarananda Abeygunasekara said. He said the project will be completed by the end of 2015. Abeygunasekara said funds for the project are provided by the …
The Asian Development Ban (ADB) approved $43billion in 2011-12 for creation and expansion of economic opportunities in the region. According to Asian Development Bank sustainability report, investing in Asia and the pacific’s future it said that the bank approved amount was ten percent higher than previous two years. During the …
The Punjab government has decided to establish small hydropower units at newly constructed barrages including New Khanki Barrage being funded by the Asian Development Bank (ADB). The ADB is extending $ 270 million loan (87 per cent) for New Khanki Barrage (NKB) whereas the share of the Punjab government is …
The Ministry of Federal Affairs and Local Development has launched the second phase of the Local Governance and Community Development Programme (LGCDP) to reform governance restructures, improve service delivery and implement government projects at the local level. The ministry on Monday said the programme will be implemented in collaboration with …
The Asian Development Bank (ADB) has recently provided a loan of US$60 million for improving Myanmar's power distribution network with an aims to ensure better access to electricity by some 480,000 households in four regions - Yangon, Mandalay, Sagaing and Magway. An ADB expert said that repairing and strengthening existing …
Company is expanding its 10 MT per annum Dahej terminal to 15 MT at an estimated cost of about Rs 2,950 cr by end of 2016 Asian Development Bank (ADB) today said it will provide USD 150 million loan to Petronet LNG Ltd to part finance expansion of its Dahej …
The Asian Development Bank has agreed to assist Pakistan to develop a sustainable urban transport service in Karachi through the delivery of a bus rapid transit corridor focusing on accessibility and people’s mobility, and decided to send a mission to appraise the project, it emerged on Thursday. According to the …
The United States has committed $15 million in financing towards the Central Asia-South Asia electricity transmission project (CASA-1000) that on completion would help bring electricity to Afghanistan and Pakistan. While announcing the funding the State Department expressed the hope that the US financial support for CASA-1000 would help leverage other …
The Asian Development Bank (ADB) has approved financing of $900 million for 1320MW Jamshoro power project for its conversation to coal. The important proposal was approved by the ADB board with 75% votes in its favour, the Ministry of Finance announced on Monday. According to an official statement, Finance Minister …
The Asian Development Bank has agreed to finance the construction of the 48 MW Surgani-Sundla hydro-electric project in Chamba district of Himachal Pradesh. It has agreed to provide a loan of $ 67.9 million for the purpose. The project would be constructed in the downstream of Bera-Suil hydro power project …
