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Page-2 of Topic: ADB

ADB, India sign $451 million loan to strengthen Power Connectivity in Tamil Nadu

Government of India and Asian Development Bank (ADB) has signed a $451 million loan for strengthening power connectivity between northern and southern parts of Chennai–Kanyakumari Industrial Corridor (CKIC)...

November 29, 2019

India and ADB sign 91 million USD to improve water resources in Karnataka

On November 18, 2019, India and the Asian Development Bank (ADB) signed a 91 million USD agreement to improve water security of Karnataka. The loan will help to...

November 19, 2019

ADB to give $451Mn for Chennai-Kanyakumari Industrial Corridor power links 

The Asian Development Bank will provide a 451 million (appx. Rs.3,200 crore) loan to strengthen power connectivity between southern and northern parts of Chennai-Kanyakumari Industrial Corridor (CKIC) in...

November 5, 2019

India ADB sign 190 million USD loan

On 12 October, 2019, the GoI signed a 190 million USD loan with the Asian Development Bank (ADB) to upgrade road transport in the state of Rajasthan. The...

October 14, 2019

ADB to finance Railways Track Electrification Project in India

The Asian Development Bank (ADB) has signed an agreement to electrify railway tracks in India under Railways Track Electrification Project. As per agreement ADB will provide $750 million...

May 24, 2019

ADB cuts India growth forecast to 7.2% for 2019-20

The Asian Development Bank (ADB) in the recent Asian Development Outlook report has made the following observations in the forecast for the financial year 2019-20: India’s growth forecast was lowered...

April 4, 2019

Govt and ADB sign loan agreement for Mumbai Metro Rail Project

The Government and the Asian Development Bank (ADB) have signed a loan agreement of $926 Million to operationalise two lines for the Mumbai Metro Rail System. This is the single...

March 3, 2019

ADB retains India’s growth forecast at 7.3% for FY19

Asian Development Bank (ADB) in its Outlook Supplement has retained India’s growth forecast at 7.3% for current fiscal (2018-19) and 7.6% in following financial year (2019-20). It held...

December 13, 2018

Government inks $31 million loan agreement with ADB to develop tourism and boost jobs in Tamil Nadu

Union Government has inked $31 million loan agreement with Asian Development Bank (ADB) for Tamil Nadu Government’s Infrastructure Development Investment Program for Tourism (IDIPT). It is fourth loan...

December 12, 2018

Government inks $75 million loan with ADB to improve Urban Services in 4 Karnataka Towns

Union Government has inked $75 million loan agreement with Asian Development Bank (ADB) for Karnataka Integrated Urban Water Management Investment Program. Under it 24 x7 water supply will...

November 28, 2018

ADB to provide US $13 million loan to EESL to promote efficient energy usage in India

Asian Development Bank (ADB) it will provide US 13 million loan to Energy Efficiency Services (EESL) to promote efficient energy usage in India. It will be provided by...

November 12, 2018

Government inks $110 million loan agreement with ADB to upgrade rural roads in MP

Government has inked 110 million loan agreement with Asian Development Bank (ADB) to upgrade all-weather rural roads in Madhya Pradesh under Pradhan Mantri Gram Sadak Yojana (PMGSY). It is...

October 6, 2018

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