Page 33 - Adb News Today

The World Bank (WB) and the Asian Development Bank (ADB) have both released economic projections of Pakistan. Both...

The budgeted Gross Domestic Product (GDP) growth rate was an unrealistic 5 percent (10 June 2022), downgraded to 3...

Besides, Asian Development Bank (ADB) agreed to provide USD 2 million grant to partially finance the purchase and integration of a pilot battery energy storage system (BESS), a statement by Manila-based funding institution said.

Multilateral funding agency ADB today said it proposes to subscribe non-convertible debentures worth Rs 150 crore of Tata Power Delhi Distribution Ltd (TPDDL), to enhance Delhi's power distribution through grid enhancements.

"The senior secured financing will be used to commission a new 66/11-kilovolt grid, augment and expand transformers, substations, feeder lines, and switching stations, install smart meters, and replace obsolete electrical equipment and meters," said Tata Power in an exchange filing on Monday. Asian Development Bank, Tata Power Sign Deal to Enhance Power Distribution in Delhi.

ADB and Tata Power Delhi Distribution Ltd have entered into an agreement to subscribe to NCDs for 1.5 billion Indian Rupees to enhance Delhis power distribution through grid enhancements.

Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, entered into an agreement to subscribe to non-convertible debentures for 1.5 billion rupees (equivalent to USD 18.2 million) to enhance Delhis power distribution through grid enhancements.

Laos’ economy is expected to grow moderately this year and next year thanks to the recovery in services and private sector investments as pandemic restrictions eased throughout the region, according to a new Asian Development Bank (ADB) report.

In the context of uncertain global economy, the Asian Development Bank (ADB) suggested Vietnam diversify its markets to boost exports in 2023 and beyond.

According to the latest Asian Development Bank (ADB) assessment, Indonesia’s economy is expected to grow by 4.8% in 2023 and 5.0% in 2024.