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ADB, India ink pact to upgrade 176 km roads in Jharkhand

Multilateral lending agency Asian Development Bank (ADB) has signed a loan agreement with India for providing new loan of 200 million dollars to upgrade 176 km of roads in Jharkhand. The loan funds will be used to upgrade existing sections ..

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ADB and USAID ink MoU to develop solar parks in India

The Asian Development Bank (ADB) and the Unites States Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) for development of solar parks in India. The MoU will facilitate 848 million US dollars in funding to develop ..

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India, ADB ink $80 Million Loan Agreement to Improve Urban Services in Agartala and Aizwal

Union Government and Asian Development Bank (ADB) have signed $80million loan agreement to improve urban services in two North Eastern cities Agartala and Aizwal. This loan agreement is the third tranche of a $200 million financing facility of ADB under ..

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Indian-American Swati Dandenkar appointed as US Director of ADB

India-born Swati Dandekar has been appointed as the United States director of the Asian Development Bank (ADB). She was nominated to this position by US President Barack Obama and was designated with rank of an ambassador. She would replace Robert ..

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ADB pledges $120 million loan to finance India, Bangladesh electricity link under SASEC Programme

The Asian Development Bank (ADB) has pledged to provide 120 million dollar loan in order to finance cross-border electricity link between Bangladesh and India under SASEC Programme. In this regard, loan agreement was signed by ADB Country Director Kazuhiko Higuchi ..

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India signs Loan Agreement with ADB for upgrading Tourism Infrastructure and Services

Union Government has inked a loan agreement with Asian Development Bank (ADB) for US 123.51 million dollars for Infrastructure Development Investment Program. The 3 tranche loan will be used for upgrading tourism infrastructure and services in three states Punjab, Uttarakhand ..

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