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ReNew inks initial pact with Asian Development Bank for $5.3 bn funding

Renewable energy company ReNew Energy Global Plc has entered a $5.3 billion funding agreement through a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB). Signed at COP28 in Dubai, the MoU outlines collaboration on climate change projects, renewable energy investments, manufacturing, carbon offset initiatives, and green hydrogen. ReNew, led by Founder and CEO Sumant Sinha, aims to support India s target of achieving 500 GW of renewable capacity by 2030. ....

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ADB on a mission Empowering youth by providing knowledge solutions - News Features

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DUBAI (Reuters) Indonesia and the Asian Development Bank have agreed a provisional deal with the owners of the Cirebon-1 coal-fired power plant to ....

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Sri Lanka secures Rs. 20 Billion from ADB for rural road renovations - Breaking News

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