ADB approves $600 mln loan for Indonesia’s PLN for renewable power
JAKARTA, Nov 24 (Reuters) – The Asian Development Bank (ADB) on Tuesday approved a $600 million loan for Indonesian state utility Perusahaan Listrikk Negara (PLN) to expand electricity access and promote renewable energy.
ADB approves electricity infrastructure loan for Myanmar
The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.
ADB boosts 2019-2030 climate financing goal to $100 billion
The Asian Development Bank (ADB) will boost its climate financing goals by US$20 billion to a new target of $100 billion for the 2019-2030 period, and aims to launch its concept for retiring coal-fired power plants at the COP26 climate conference in Scotland next month, the lender’s chief said on Tuesday.
ADB offers certified green loan for 257MW solar plant in Vietnam
The Asian Development Bank will provide a certified green loan of $186m to Phu Yen TTP Joint Stock Co (Phu Yen JSC). The money will fund development and operation of a 257MW solar power plant in Hoa Hoi, Phu Yen Province, Vietnam.
ADB okays loan to expand power grid
The Asian Development Bank (ADB) has approved a $127.8 million loan to help expand the Cambodian power grid at a time when the government is making significant progress in expanding lower-cost power generation, a press release said.
ADB pledges to double funds for Indonesia, pushes for green recovery This article was published in thejakartapost.com with the title “ADB pledges to double funds for Indonesia, pushes for green recovery”. Click to read: https://www.thejakartapost.com/news/2020/08/21/adb-pledges-to-double-funds-for-indonesia-pushes-for-green-recovery.html. Download The Jakarta Post app for easier and faster news access: Android: http://bit.ly/tjp-android iOS: http://bit.ly/tjp-ios
The Asian Development Bank (ADB) has pledged to double loan commitments to one of its biggest client countries this year to facilitate Indonesia’s economic recovery. The Manila-based lender usually committed US$1 billion to $2 billion each year for Indonesia, mostly in infrastructure projects, particularly those related to energy, said ADB country director Winfried F. Wicklein […]
ADB secures 144MW Vietnamese financing
The Asian Development Bank (ADB) has secured a $116m (€95.1m) green loan to build and operate three 48MW wind farms, totaling 144 MW, in Quang Tri Province, Vietnam.
ADB signs $116m green loan for three wind farms in Vietnam
The Asian Development Bank (ADB) has signed a $116 million green loan with three local firms to finance the construction and operation of three 48 megawatts (MW) wind farms in Quang Tri province, Vietnam.
ADB signs $227.7m loan deal for 2,500MW power plant in Thailand
The Asian Development Bank (ADB) has signed a $227.7m loan deal with Gulf SRC Company to build a 2,500MW combined cycle power plant (CCPP) in Thailand’s Chonburi Province. Established in 2012, Gulf SRC builds and operates power plants and is completely owned by Independent Power Development, a joint venture (JV) between Thailand-based power generation company […]
ADB signs deal for long-term solar financing in Vietnam
The Asian Development Bank (ADB) has provided TTC Energy Development Investment with a $37.8 million loan deal to accelerate the deployment of solar energy in Vietnam. TTC Energy is a subsidiary of Thailand’s largest utility GED. The loan will be used to fund the Gulf Solar Power Project which includes the development and operation of a 50MW solar plant […]