ADB provides $750 Million loan to Indian Railways

June 2019

The Indian Railway Finance Corporation (IRFC) has signed an agreement with ADB for the electrification of railway tracks. ADB will provide $750 million in long-term financing, the largest single non-sovereign loan ever committed by it. […]

APICORP signs $75 Million term facility with Alfanar

June 2019

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five-year Murabaha financing facility of $75 million with Alfanar, a developer and engineering, procurement and construction company in the clean […]

Vestas signes an MoU with Russia-based Rusnano

June 2019

Vestas has signed an MoU with Russia-based Rusnano to explore turbine production opportunities in Russia. Rusnano, in a joint venture with Finnish utility Fortum, has been awarded over 1.8 GW of wind power project capacity […]

Botswana cancels 100 MW solar power tender

June 2019

The Botswana Power Corporation (BPC), the state-owned power utility, has cancelled a tender in which it was seeking private investor partners to build a 100 MW solar power plant. It now plans to re-issue the […]

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