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Financings

ADB backs enhancement to climate-resilient power system in Uttarakhand

December 8, 2023

The Asian Development Bank (ADB) has granted a $200 million loan to enhance the quality, efficiency, and reliability of the power supply in Uttarakhand, India. This project will assist Uttarakhand in realising its objective of […]

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Financings

ReNew and ADB sign MoU for $5.3 billion

December 6, 2023

At COP28, ReNew Energy Global Plc and Asian Development Bank (ADB) signed MoU to work together on projects focused on mitigating and adapting to climate change. The MoU encompasses projects with a total investment exceeding […]

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Financings

ADB backs India’s power sector reform with $250 million loan

December 5, 2023

The Asian Development Bank (ADB) has given its approval for a $250 million policy-based loan aimed at enhancing the financial sustainability of India’s power sector and promoting the transition towards renewable energy. This policy-based loan […]

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Financings

TPDDL signs $20.2 million finance deal with ADB

April 11, 2023

Tata Power notified that its subsidiary, Tata Power Delhi Distribution Ltd (TPDDL) has inked a deal with Asian Development Bank (ADB) to raise Rs 1.5 billion through non-convertible debentures to improve Delhi’s power distribution through […]

People

Kenichi Yokoyama: Country Director, Asian Development Bank

September 21, 2017

As country director of the Asian Development Bank (ADB), Kenichi Yokoyama heads ADB’s Indian Resident Mission, where he is responsible for the overall country assistance strategy, the identification of new projects, and sovereign lending and […]

Finance

Improved Financing: Easier access to capital and falling interest rates augur well for segment

March 5, 2017

Despite the government’s focus on the utility-scale solar power sub-segment, the rooftop solar segment has been able to maintain its market share at about 10 per cent over the past few years. Capacity addition has […]

Finance

Growing Confidence: Multilateral institutions scale up funding for renewable energy projects

February 5, 2017

In a major financial boost to India’s commitment to achieve 175 GW of installed renewable energy capacity by 2022 and reduce the carbon intensity of its GDP by 30-35 per cent by 2030, two of […]

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