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)...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
