Displaying 201 - 210 of 217

MARES High-Level Forum Held in Malaysia

Press Releases
On 7th February, ADB held a High-Level Investor Forum in Kuala Lumpur with a Keynote speech by YB Tuan Mohd Rafizi Bin Ramli, Minister of Economy, Malaysia.  The event was part of the broader ADB TA6619 - Marine Aquaculture, Renewable Energy, Reefs and Ecotourism for Ecosystem Services,…

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…

Delhi Power Distribution Project Signed

Press Releases
On 10 April, ADB and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), signed an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2 million) to enhance Delhi’s power distribution through grid…

On the Road to Achieving Full Electrification in Sri Lanka

Reports and Publications
This study examines how Sri Lanka achieved countrywide electrification by 2016 and looks at its socioeconomic impact. It notes that electrification helped raise living standards and triggered rapid development in rural areas, creating new investment opportunities at the national level. The study…

Clean Energy Investment to increase to $1.7 trillion in 2023 – IEA

Press Releases
The International Energy Agency has projected for global energy investments to reach about $2.8 trillion in 2023, more than 60% of which or $1.7 trillion, will be spent on renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps. The…