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HomeAsian Development Bank

Asian Development Bank

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Financings

 Indian government and ADB ink $650 million rooftop solar loan

December 17, 2025

The Government of India and the Asian Development Bank (ADB) have signed multiple loan agreements with a combined value of over $2.2 billion to support development initiatives across skill development, renewable energy, healthcare, urban transport, […]

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Financings

ADB approves $650 million loan to drive rooftop solar adoption in India

December 4, 2025

The Asian Development Bank (ADB) has approved a $650 million policy-based loan to help India accelerate rooftop solar adoption. The financing under Subprogramme 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Programme […]

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International News

ADB approves $330 million for Pakistan transmission upgrade 

November 24, 2025

The Asian Development Bank (ADB) has approved a financing package worth $330 million for Pakistan under the Second Power Transmission Strengthening project. The project includes the construction of a 500 kV transmission line of about […]

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Financings

ReNew secures $331 million financing from ADB for clean energy project 

November 11, 2025

ReNew Energy has received $331 million from the Asian Development Bank (ADB) to support the development of a clean energy project in Andhra Pradesh. The $331 million debt from ADB includes up to $291 million […]

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Financings

ADB sanctions $460 million loan to boost agricultural solarisation in Maharashtra

October 31, 2025

The Asian Development Bank (ADB) has approved a results-based loan of $460 million. The loan is intended to upgrade rural power infrastructure and promote distributed renewable energy generation. It further aims to boost agricultural productivity […]

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International News

ADB approves $52 million loan for Cambodia grid expansion project

September 22, 2025

The Asian Development Bank (ADB) has approved a $52.72 million loan to support the Grid Expansion Project in Cambodia. The initiative will boost the national transmission network, enable greater integration of renewable energy, and address […]

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International News

ACWA Power and ADB join forces for wind plus storage project in Uzbekistan

September 11, 2025

The Asian Development Bank (ADB) and ACWA Power have signed a $51 million loan package to support the development of the Nukus 2 wind and battery energy storage system (BESS) project in Uzbekistan’s Qoraozak district […]

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International News

ADB, GSA ink deal for green data center in Thailand

September 1, 2025

The Asian Development Bank (ADB) has signed a green loan worth THB 900 million (USD 26.8 million) with GSA Data Center 01 Company Limited (GSA) to finance a 25.6 MW colocation green data center in […]

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International News

ADB, Gulf ink $820 million loan for solar and battery storage in Thailand

December 3, 2024

The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited have finalised an $820 million loan to provide construction financing for 12 renewable energy projects in Thailand. The portfolio includes eight ground-mounted solar photovoltaic […]

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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

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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International News

ReNew inks MoU with Asian Development Bank for $5.3 billion

December 5, 2023

The Asian Development Bank (ADB) and ReNew Energy Global Plc, an Indian renewable energy firm and preferred decarbonisation partner, inked a MoU to work together on climate change mitigation and adaptation projects. Projects worth over […]

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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 […]

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Projects

APDCL floats bids for 1 GW solar projects

November 25, 2022

Assam Power Distribution Company Limited (APDCL) has issued a request for proposals from consultants to deliver services for 1 GW of grid-connected solar power projects in Assam. This project has been carried out in the […]

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