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Guidance note on large hydropower plants disclosed to the public

Press Releases
The Guidance Note on Large Hydropower Plants has been made public online since 13 February to generate comments from stakeholders in different sectors. The main objective of the note is to support project teams in ADB in the planning, design, and development of large hydropower plants according to…

First Cross-Border Wind Project in Asia signed between ADB and Monsoon Wind Power Company Limited

Press Releases
On 1 March, ADB and Monsoon Wind Power Company Limited signed a $692.55 million nonrecourse project financing package to install a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern part of the Lao People’s Democratic Republic (Lao PDR).
The project is the first cross-…

SEADS 2023 focuses on bringing the region toward net-zero

Press Releases
On 30 March, the Southeast Asia Development Solutions (SEADS) will be held in Bali, Indonesia with the theme: Imagining a Net-Zero ASEAN. There is also an option to join the symposium virtually. On the agenda is the region’s decarbonization and how this will be realized with 8 of the 10 ASEAN…

Hybrid minigrid in Tonga commissioned

Press Releases
ADB joined the governments of Tonga and Australia on 14 March to inaugurate the Vava’u hybrid mini-grid under the Tonga Renewable Energy Project that will supply clean, reliable, and efficient electricity to the population and businesses in Vava’u.
The mini-grid consists of a solar photovoltaic…

Handbook for Economic Analysis of Energy Sector Projects

Reports and Publications
This handbook provides guidance for the economic analysis of energy sector investment projects supported by the Asian Development Bank. It provides practical advice on preparing the economic analysis document and explains, in detail, quantification and valuation of costs and benefits of typical…

Biomass project in India signed

Press Releases
On 23 March, the Biomass Energy Project was signed between ADB and SAEL Industries Limited for the construction of five 149-megawatt biomass power plants in the districts of Bikaner, Churu, Hanumangarh, Jhunjhunu, and Sikar in the state of Rajasthan, India. The plants will use agricultural residue…

Energy Access and Transition for South and Southeast Asia Fund created with $35 million contribution from GEAP

Press Releases
On 14 April, ADB together with the Global Energy Alliance for People and Planet (GEAPP) announced the $35 million funding for energy access and energy transition in South and Southeast Asia through the upcoming GEAPP Energy Access and Transition Trust Fund (GEATTF). The funding facility will be…

Central West Asia Region’s Largest Wind Development Project Signed

Press Releases
The Bash and Dzhankeldy Wind Power projects were signed on 24 April 2023 in Tashkent, Uzbekistan between ADB and ACWA Power Company (ACWA). A total of $174 million worth of loans will develop the Bash wind power and Dzhankeldy wind power plants, both located in the Bukhara region in Uzbekistan.…

Innovative Finance Facility for Climate in Asia and the Pacific launched at the ADB Annual Meeting

Press Releases
IF-CAP is a landmark program that is expected to significantly galvanize support to fight climate change in the region. Initial partners, Denmark, Japan, the Republic of Korea, Sweden, the United Kingdom, and the United States are in discussions with ADB about providing a range of grants for…

What we mean by, “the battle against climate change will be won or lost in Asia and the Pacific”

Press Releases
The Asian Development Outlook (ADO) breaks down the role of Asia and the Pacific region in what could be the greatest challenge faced by humanity. Asia in the Global Transition to Net Zero explores what a global net-zero transition could mean for developing Asia. It models emission pathways based…