India, AIIB Sign ₹21.9 Billion Loan Deal to Strengthen Power Transmission in Assam
The Government of India and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement for $304 million (~₹21.9 billion) to develop the 'Assam Intra-State Transmission System Enhancement' project ...
Daily News Wrap-Up: Blockchain Technology Guarantees Renewable Origin of Green Hydrogen
Here are some noteworthy cleantech announcements of the day from around the world: ACCIONA has developed a platform based on blockchain technology that guarantees the renewable origin of green hydrogen. With ...
Asian Development Bank Approves $231 Million Loan for a Hydropower Project in Assam
The Asian Development Bank (ADB) has approved a $231 million loan to develop the Lower Kopili Hydroelectric Power (LKHEP) facility in Assam. The Lower Kopili Hydroelectric Power facility will utilize ...
Sri Lanka Plans a 100 MW Solar Project Through Private Sector Investment
Sri Lankan cabinet of ministers approved a proposal tabled by the Ministry of Energy (MoE) to develop the 100 MW Siyabalanduwa solar power project through private sector investment. According to ...
ADB Approves ₹13.9 Billion Loan to Upgrade Bengaluru’s Power Distribution System
In a significant development, the Asian Development Bank (ADB) has approved a loan of $190 million (~₹13.9 billion) to upgrade the existing power distribution system in the city of Bengaluru ...
ADB Approves $430 Million to Upgrade Uttar Pradesh’s Power Distribution Network
The Asian Development Bank (ADB) announced that it approved a $430 million multi-tranche financing facility (MFF) to improve the reliability and quality of power supply in Uttar Pradesh. The funding ...
ADB Offers Over $10 Million to the Maldives to Swap Diesel-Based Grids with Renewables
The Asian Development Bank (ADB) announced that it approved a concessional loan worth $7.74 million and a project grant worth $2.73 million to advance the existing 'Preparing Outer Islands for ...
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System
The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
Mongolia Floats EPC Tender for a 10 MW Solar Power Project in Altai
Mongolia’s Ministry of Energy has invited bids for a 10 MW solar power project in the country's Altai region. This is an engineering, procurement, and construction (EPC) tender. Mongolia's government ...
Daily News Wrap-Up: Dollar Industries Commissions a 4 MW Solar Project in Tamil Nadu
Here are some noteworthy cleantech announcement of the day from around the world: Dollar Industries Limited has commissioned a 4 MW solar project at its manufacturing facility in Tirupur, Tamil ...
ADB to Provide ₹4.66 Billion Loan to ENGIE for a 200 MW Solar Project in Gujarat
The Asian Development Bank (ADB) and ENGIE have signed a long-term loan agreement worth ₹4.66 billion (~ $65.6 million) to develop and operate a 200 MW (AC) solar project in ...
EESL Invites Bids for 2.35 Million Smart Meters to be Installed Across India
The Energy Efficiency Services Limited (EESL) has invited bids for the supply of 2.35 million smart electricity meters based on 4G/3G/2G mode to be installed across India. The last date ...
Climate Financing By Seven Multilateral Development Banks Totals $61 Billion in 2019
In 2019, seven of the world’s largest multilateral development banks (MDBs) provided $61.6 billion (~₹4.6 trillion) in climate financing, out of which $41.5 billion (~₹3.09 trillion) was offered to low-income ...
EESL Announces Tender for 250 Electric Cars to be Deployed Pan-India
The Energy Efficiency Services Limited (EESL) has invited bids for the procurement of 250 electric cars. These electric cars will come with three years of warranty and a comprehensive annual ...
ADB to Invest $17.7 Million in a 35 MW Solar Power Project in Bangladesh
The Asian Development Bank (ADB) has signed a deal with Spectra Solar Park Limited (SSPL) to invest $17.7 million (~₹1.33 billion) in a 35 MW utility-scale solar project in Bangladesh ...
ADB Approves $300 Million for Facilitating 110 MW of Geothermal Power in Indonesia
The Asian Development Bank (ADB) has approved a loan of $300 million (~₹22.4 billion) to help PT Geo Dipa Energy (GDE), an Indonesian state-owned company, to expand its geothermal base ...
ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra
The Asian Development Bank (ADB) announced that it had approved a $346 million (~₹26.92 billion) loan to India to help provide efficient and reliable power to rural agriculture customers in ...
Maldives Set to Develop Solar Battery-Diesel Hybrid Systems
The Asian Development Bank (ADB) and the environment ministry of Maldives have started to implement solar battery-diesel hybrid systems in 48 islands out of the 160 inhabited islands of the ...
EESL Issues RfP for Partners in UAE to Execute Energy Efficiency and Renewable Solutions
The Energy Efficiency Services Limited (EESL) has invited bids for the selection of strategic partners in the UAE. The main objective of the request for proposal (RfP) is to promote ...
Thailand’s B.Grimm Acquires Ray Power Supply to Develop a Solar Farm in Cambodia
B.Grimm Power Public Company Limited has announced that its wholly-owned subsidiary, B.Grimm Solar Power 1 Company Limited, has completed the acquisition of Ray Power Supply Company Limited. In a filing ...
ADB to Roll Out $1 Billion for Clean Energy Investments in the Pacific Region
The Asian Development Bank (ADB) is planning to roll out nearly $1 billion of energy investments across the region during the 2019-2021 period. As the energy demand in the Asia ...
ADB Approves $250 Million to EESL to Assist its Energy Efficiency Program in India
The Asian Development Bank (ADB) has sanctioned a loan of $250 million as a part of the assistance package to the Energy Efficiency Services Limited (EESL). The loan will help ...
ADB Approves $6 Million Grant to Tuvalu to Increase its Renewable Energy Generation
The Asian Development Bank (ADB) approved a $6 million grant for the Government of Tuvalu (located in the south Pacific) to help it shift away from fossil fuels and to ...
ADB Grants $451 Million Loan to Boost Power Transmission Capacity in Tamil Nadu
The Asian Development Bank (ADB) has sanctioned a $451 million (~₹31.77 billion) loan to the state of Tamil Nadu for a project that will enable better power transfer between the ...
ADB Grants $37 Million for a 47.5 MW Floating Solar Project in Vietnam
The Asian Development Bank (ADB) has signed a $37 million loan agreement that would finance the installation of a 47.5 MW floating solar project in Vietnam. The global lender has ...
