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Published on 15:09 GMT

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

Renewable energy firm ReNew Energy Global Plc has signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) for a funding of $5.3 billion. "The MoU was signed at COP28, Dubai by ReNew's Founder, Chairman, and CEO, Sumant …

Source: The Economic Times - Center-right
Published on 15:28 GMT

ReNew to partner with ADB on USD 5.3bn of projects over next 5 yrs

Indian renewable energy company ReNew Energy Global Plc (NASDAQ:RNW) has signed a memorandum of understanding (MoU) with the Asian Development Bank (ADB) to partner on decarbonisation-related projects worth more than USD 5.3 billion (EUR 4.9bn) over the …

Source: Renewables Now - Neutral
Published on 17:22 GMT

ReNew signs letter of intent with ADB for $5.3 billion financing

“The MoU covers projects with an investment value of more than $5.3 billion between 2023 and 2028. It was signed at COP28 in Dubai by ReNew’s founder, chairman & CEO Sumant Sinha and Suzanne Gaboury, director general, private sector operations …

Source: Livemint - Neutral
Published on 12:23 GMT

ADB Approves $250 Million Loan for India’s Power Sector Reform

The Asian Development Bank (ADB) has approved a $250 million (~₹20.8 billion) policy-based loan to strengthen India’s power sector, supporting a speedy transition to renewable energy. The Power Sector Reform Program (Subprogram 1), the first phase of a two …

Source: Mercom India - Neutral
Published on 10:21 GMT

Business News | India Joins First-of-its-kind Consortium to Advance Deployment of Battery Energy Storage Systems

NewsVoir New Delhi [India], December 4: Today, at the 2023 United Nations Climate Change Conference (COP28), India has joined the Battery Energy Storage Systems (BESS) Consortium, an initiative of The Global Leadership Council (GLC) of the Global Energy …

Source: Latestly - Uncategorized
Published on 07:56 GMT

Business News | ADB Launches Nature Solutions Finance Hub for Asia-Pacific with USD 2 Billion Investment Goal

New Delhi [India], December 4 (ANI): The Asian Development Bank (ADB) unveiled its groundbreaking Nature Solutions Finance Hub for Asia and the Pacific at COP28, aiming to mobilize a minimum of USD 2 billion in investment programs incorporating nature- …

Source: Latestly - Uncategorized
Published on 05:14 GMT

"The roof of the world is melting": ADB launches initiative to safeguard Hindu Kush Himalayas from climate risks

New Delhi [India], December 4 (ANI): The Asian Development Bank (ADB) has unveiled an initiative to address climate and disaster risks in the crucial Hindu Kush Himalaya region, a vital water source supporting over a billion people across Asia. According …

Source: Denver Sun - Colorado - Label Pending
Published on 04:19 GMT

Business News | ADB Unleashes USD 200 Million Power Overhaul for Uttarakhand's Climate-resilient Energy Revolution

New Delhi [India], December 4 (ANI): In a landmark move, the Asian Development Bank (ADB) has sanctioned a USD 200 million loan to bolster the power supply in Uttarakhand, India, aiming to enhance quality, efficiency, and reliability. According to a …

Source: Latestly - Uncategorized
Published on 03:29 GMT

ADB unleashes USD 200 million power overhaul for Uttarakhand's climate-resilient energy revolution

In a landmark move, the Asian Development Bank (ADB) has sanctioned a USD 200 million loan to bolster the power supply in Uttarakhand, India, aiming to enhance quality, efficiency, and reliability. According to a release by ADB, the project hailed as a key …

Source: Devdiscourse - Neutral
Published on 19:51 GMT

Standard Chartered Sri Lanka strengthens regional ties with Correspondent Banking Conference 2023

From left: Standard Chartered (ASA) Regional Head of Correspondent Banking Shivaraman Subramanian, Standard Chartered Sri Lanka CEO Bingumal Thewarathanthri, Asian Development Bank Country Director Takafumi Kadono, Central Bank of Sri Lanka Governor Dr. …

Source: Daily FT - Label Pending
Published on 13:52 GMT

COP28 Day 5: ‘Over $57 billion mobilised so far’ | 10 points

"COP28 has mobilised over $57 billion so far," said a post by COP28 UAE on Monday. It added that governments, businesses, investors and philanthropists have delivered "an historical eight pledges and declarations in the first four days of …

Source: Mint - Neutral
Published on 22:01 GMT

Fiji affirms commitment to building resilient infrastructure

Fiji is at the forefront of global efforts to strengthen disaster and climate resilience by pursuing resilient infrastructure development. This message was conveyed at the virtual International Conference on Disaster Resilient Infrastructure (ICDRI 2021), …

Source: Pacific News Service - Neutral
Published on 10:39 GMT

Privatization drive of Gautam Buddha Int’l Airport and Pokhara Airport gains momentum

Gautam Buddha International Airport, Bhairahawa/File Photo KATHMANDU: The Civil Aviation Authority of Nepal (CAAN) is poised to entrust the management of two newly-established international airports to the private sector. In a strategic move, the CAAN …

Source: Khabarhub - Neutral
Published on Dec 1, 2023

Sri Lanka to commence rural road repairs using ADB funds first week of Dec

ECONOMYNEXT – Sri Lanka will resume its suspended road infrastructure projects with 20-billion-rupee funding and strict guidance from the Asian Development Bank (ADB) following the island nation’s debt restructuring deal with its bilateral creditors, …

Source: EconomyNext - Neutral
Published on Nov 30, 2023

Sri Lanka secures Rs. 20 billion from ADB for rural road renovations

* Sri Lanka secures Rs. 20 billion from ADB for rural road renovations Thu, Nov 30, 2023, 08:24 pm SL Time, ColomboPage News Desk, Sri Lanka. Nov 30, Colombo: In a significant move towards infrastructural development, the Minister of Transport, Highways …

Source: Lanka Page - Neutral
Published on Dec 2, 2023

Nigeria, African countries lead others to join first-of-its-kind consortium for 5 GW of battery energy storage systems

By Maureen Chigbo NIGERIA is among more than 10 countries that have committed to the Battery Energy Storage System, BESS, consortium at at the 2023 United Nations Climate Change Conference (COP28) which began on November 30 in Dubai, United Arab Emirate …

Source: Realnews Magazine - Uncategorized
Published on Dec 2, 2023

10+ Countries Join First-of-Its-Kind Consortium to Deploy 5 GW of Battery Energy Storage Systems

Barbados, Belize, Egypt, Ghana, India, Kenya, Malawi, Mauritania, Mozambique, Nigeria, and Togo committed to the Battery Energy Storage Systems (BESS) Consortium as first-mover countries with AfDB, the World Bank, IDB, ADB, AFD, RMI, GIZ, Africa 50, Masdar …

Source: WFMZ - Pennsylvania - Neutral
Published on Dec 1, 2023

Filipino billionaires to retire coal, go 100% green

It's a long way off, but it's the first deal of its kind in the world. Even now, they're scaling up wind and solar power. Energy transition, less disruption In so doing, the titants are pioneering what's known as "energy transition …

Source: Gulf News - Pro-Government
Published on Nov 29, 2023

Sri Lanka and creditor nations agree in principle on debt restructuring

A vendor prepares a bag for a customer at a wholesale market, amid the country's economic crisis in Colombo, Sri Lanka, April 13, 2022. REUTERS/Dinuka Liyanawatte/File Photo Acquire Licensing Rights Sri Lanka says deal covers about $5.9 bln of …

Source: Reuters - Neutral

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Published on November 28, 2023 - 16:40 GMT

Đà Nẵng hopes to receive further support from ADB: official

VIETNAM, November 28 - ĐÀ NẴNG — Vice Chairman of Đà Nẵng People’s Committee Hồ Kỳ Minh hosted a reception for Country Director for Việt Nam at the Asian Development Bank (ADB) Shantanu Chakraborty on Tuesday. At the event, Minh highlighted the central …

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Published on November 22, 2023 - 08:17 GMT

Pacific Tourism Organisation participates at ADB Workshop on Regional Cooperation to Promote Sustainable Tourism

The Pacific Tourism Organisation (SPTO) recently participated in the Asian Development Bank’s (ADB) workshop on “Regional Cooperation and Integration to Promote Sustainability and Digital Transformation of Tourism.” This gathering brought together …

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Published on October 17, 2023 - 13:17 GMT

Saudi Fund for Development Signs MoU with Asian Development Bank to Boost Socio-Economic Development in Asia and Pacific

SFD signed with the ADB a MoU aimed at promoting initiatives that foster social and economic development in ADB developing member countries. MARRAKECH, MOROCCO, October 17, 2023 /⁨EINPresswire.com⁩/ -- Saudi Fund for Development Signs MoU with …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on June 12, 2023 - 11:12 GMT

Meeting with the President of the Asian Development Bank Masatsugu Asakawa

TAJIKISTAN, June 12 - On June 12, the Founder of Peace and National Unity - Leader of the Nation, President of the Republic of Tajikistan, Honorable Emomali Rahmon, received in the Palace of the Nation the President of the Asian Development Bank, Mr. …

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Published on September 18, 2023 - 19:48 GMT

Politics academy, ADB seek stronger cooperation

VIETNAM, September 18 - HÀ NỘI — Politburo member and President of the Hồ Chí Minh National Academy of Politics (HCMA) Nguyễn Xuân Thắng has hosted Asian Development Bank (ADB)’s Country Director for Việt Nam Shantanu Chakraborty in Hà Nội on Monday. …

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Published on September 18, 2023 - 08:50 GMT

ADB recognises HDBank as leading partner bank in Việt Nam

VIETNAM, September 17 - HCM CITY — The Hồ Chí Minh City Development Bank (HDBank - HDB), a leading commercial bank in Việt Nam, was recently honoured as the “Leading Partner Bank in Vietnam” by the Asian Development Bank at an awards ceremony for the …

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Published on November 14, 2023 - 11:37 GMT

APEC Finance Ministers’ Meeting addresses sustainable financial development

VIETNAM, November 14 - HÀ NỘI — Minister of Finance Hồ Đức Phớc stated that the Asia-Pacific Economic Cooperation (APEC) Finance Ministers' Meeting will focus on four main issues, including sustainable development, finance for sustainable development, …

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Published on November 14, 2023 - 08:00 GMT

Microgrid Demand Gains Momentum with Grid Resilience in the Spotlight. Microgrid Market to Surge at a Significant CAGR ...

NEWARK, Del, Nov. 14, 2023 (GLOBE NEWSWIRE) -- According to a Future Market Insights (FMI) report, with the global microgrid market size expected to achieve US$ 35,488.1 Million by 2023, the market is poised for substantial growth. Microgrid demand is …

Distribution channels: Book Publishing Industry ...

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Published on December 4, 2023 - 23:18 GMT

New Maps: Fossil fuel threats remain to protected areas and priority ecosystems, energy transition mining threats loom

As COP28 parses turning off the tap on fossil fuels, legal protection of climate-critical and high-biodiversity places and Indigenous land tenure come to fore DUBAI, UNITED ARAB EMIRATES, December 5, 2023 /⁨EINPresswire.com⁩/ -- All eyes will be …

Distribution channels: Energy Industry, Environment ...
Published on December 4, 2023 - 20:15 GMT

The Exodus Road’s India Country Director Shyam Kamble receives prestigious Mother Teresa Memorial Award

The award from the Harmony Foundation acknowledges individuals and organizations who contribute in extraordinary ways to peace, harmony, and social justice. COLORADO SPRINGS, COLORADO, UNITED STATES, December 4, 2023 /⁨EINPresswire.com⁩/ -- The …

Distribution channels: Human Rights, International Organizations ...
Published on December 4, 2023 - 19:02 GMT

Gibraltar Technologies Celebrates Mr. Sumeer Kumar's "FOR UNSTOPPABLE SPIRIT" Award

DUBAI, UNITED ARAB EMIRATES, December 4, 2023 /⁨EINPresswire.com⁩/ -- Novezo Consulting Private Ltd, a subsidiary of Gibraltar Technologies (GT) formerly known as HCL Infosystems MEA LLC, is pleased to announce that Mr. Sumeer Kumar, our esteemed …

Distribution channels: Business & Economy, Conferences & Trade Fairs ...
Published on December 4, 2023 - 17:30 GMT

Dynamic Growth in the Global Foundation, Structure, and Building Exterior Contractors Market

The Business Research Company's Foundation, Structure, And Building Exterior Contractors Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LANDON, GREATER LANDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 4, 2023 - 17:30 GMT

Global Industrial Gas Market Surges on Healthcare Innovations and Green Initiatives

The Business Research Company's Industrial Gas Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LANDON, GREATER LANDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global industrial gas market witnesses …

Distribution channels: Business & Economy, Chemical Industry ...
Published on December 4, 2023 - 17:15 GMT

Global Home Health Care and Residential Nursing Care Services Market: A Growing Landscape

The Business Research Company's Home Health Care And Residential Nursing Care Services Global Market Report 2023 – Market Size, Trends, And Forecast 2023-2032 LANDON, GREATER LANDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global home …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on December 4, 2023 - 17:15 GMT

Thriving Markets: General Manufactured Goods Sector on Growth Trajectory

The Business Research Company's General Manufactured Goods Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LANDON, GREATER LANDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global market for general …

Distribution channels: Business & Economy, Companies ...
Published on December 4, 2023 - 17:04 GMT

New partner for Artcoin

SAN MARINO, December 4, 2023 /⁨EINPresswire.com⁩/ -- Outsider srl licensee of Artcoin is excited to announce a strategic partnership with HIGH PERFORM TECHNOLOGY LTD, a renowned company in the trading bot sector, led by expert entrepreneurs Fabio …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 4, 2023 - 17:03 GMT

Global Autism Project is thrilled to welcome Action Behavior Centers as 2024 Title Sponsor

Announcing Action Behavior Centers as the Global Autism Project 2024 Title Sponsor and introducing Action Abroad, an exciting partnership with SkillCorps®! BROOKLYN, NEW YORK, UNITED STATES , December 4, 2023 /⁨EINPresswire.com⁩/ -- Global Autism …

Distribution channels: International Organizations ...
Published on December 4, 2023 - 17:02 GMT

TGTE Announces Palestinian Human Rights Activist Dr. Izzeldin Abuelaish as 2023 Convention Keynote Speaker

** VENUE: Scarborough Convention Centre. Address: 20 Torham Pl, Toronto, ON M1X 0B3 -- ** Reception: 5:30pm-6.30pm -- ** Program: 6:30 pm followed by Dinner TORONTO, CANADA, December 4, 2023 /⁨EINPresswire.com⁩/ -- The Transnational …

Distribution channels: Human Rights, International Organizations ...
Published on December 4, 2023 - 17:00 GMT

Global Industrial Mold Market Thrives on Automotive Manufacturing Surge

The Business Research Company’s Industrial Mold Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global industrial mold market witnesses …

Distribution channels: Automotive Industry, Business & Economy ...
Published on December 4, 2023 - 17:00 GMT

Global General Transport Services Market: Embracing On-Demand Delivery for Unprecedented Growth

The Business Research Company’s General Transport Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global general transport services market has …

Distribution channels: Business & Economy, International Organizations ...
Published on December 4, 2023 - 17:00 GMT

Global Hardware Market: Soaring Growth and Technological Integration

l LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global hardware market has witnessed robust growth, surging from $111.44 billion in 2022 to $121.34 billion in 2023, indicating an impressive compound annual growth rate ( …

Distribution channels: Business & Economy, IT Industry ...
Published on December 4, 2023 - 17:00 GMT

Global Healthcare Services Market: Advancements and Growth Trajectory

The Business Research Company’s Healthcare Services Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global healthcare services market has …

Distribution channels: Business & Economy, Emergency Services ...
Published on December 4, 2023 - 16:45 GMT

Global Hospitals and Outpatient Care Centers Market: Navigating Growth Avenues

The Business Research Company’s Hospitals and Outpatient Care Centers Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global hospitals and …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on December 4, 2023 - 16:40 GMT

IDRF Unveils Every Child Counts: A Revolutionary Approach to Child-Sponsorship

Transforming Lives Through Innovative and Impactful Child-Sponsorship Strategies TORONTO, ONTARIO, CANADA, December 4, 2023 /⁨EINPresswire.com⁩/ -- - The International Development and Relief Foundation (IDRF), a leading Canadian charitable …

Distribution channels: International Organizations ...
Published on December 4, 2023 - 16:15 GMT

Global Graphite Market: Steady Growth Fueled by Technological Advancements

The Business Research Company’s Graphite Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global graphite market has exhibited substantial …

Distribution channels: Business & Economy, International Organizations ...
Published on December 4, 2023 - 16:15 GMT

Global Grain Farming Market: Sustainable Growth Propelled by Bio-Pesticides Adoption

The Business Research Company’s Grain Farming Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LONDON, GREATER LONDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global grain farming market has experienced …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on December 4, 2023 - 16:00 GMT

Revolutionizing Logistics: Global General Freight Trucking Market on an Upward Trajectory

The Business Research Company's General Freight Trucking Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LANDON, GREATER LANDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global general freight trucking …

Distribution channels: Business & Economy, International Organizations ...
Published on December 4, 2023 - 16:00 GMT

Global General Minerals Market: Robust Growth Fueled by Technological Advancements

The Business Research Company's General Minerals Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032 LANDON, GREATER LANDON, UK, December 4, 2023 /⁨EINPresswire.com⁩/ -- The global general minerals market has …

Distribution channels: Business & Economy, International Organizations ...