Tag: Asian Development Bank

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ADB plans to expand infra fund

ADB plans to expand infra fund

Asian Development Bank (ADB) plans to widen the corpus of Association of Southeast Asian Nations (ASEAN) Infrastructure Fund by inviting participation from mammoth economies in the region namely India and China.

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Rural roads: Country roads, take me home

Rural roads: Country roads, take me home

A new opportunity knocks on the doors of private developers, especially those in the second-tier or contractors aspiring to be developers. Rural roads are all set to offer large opportunities this year as the government steps on the accelerator to see projects through,

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Infra Debt Funds: Creating new wealth

Infra Debt Funds: Creating new wealth

IDFs come as a new solution to debt finance to long-term, high-value infrastructure sectors. Eligibility norms for IDFs are rather stringent but justified given the risks and quantums-typical of infrastructure investment-involved.

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$750-mn ADB loan for Powergrid project

$750-mn ADB loan for Powergrid project

The Asian Development Bank (ADB) will extend a loan of $750 million for the national power transmission improvement project of Power Grid Corporation of India. The loan will finance the project for bulk transmission of 3,000 MW of electricity from independent power producers in Chhattisgarh to areas in the north, including Delhi.

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ADB loan to Railways

ADB loan to Railways

The Asian Development Bank (ADB) would extend loans of up to $500 million to Indian Railways to improve services along some of the busiest freight and passenger routes.

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Tourism infra deal

Tourism infra deal

For development of tourism infrastructure in the state, Himachal Pradesh government, signed a $95.16 million loan ag­reement with Asian Develop­m­ent Bank (ADB).