ADB signs USD 60 million deal with NWEDC to build hydropower plant in Nepal

The Asian Development Bank (ADB) has signed a 60 million dollar financing package with Nepal Water and Energy Development Company (NWEDC) to help build and …

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ADB President meets PM Modi

ADB President meets PM Modi, pledges to support government’s flagship initiatives

Asian Development Bank (ADB) President Takehiko Nakao recently met PM Narendra Modi and pledged to support the government’s new flagship initiatives. Nakao praised the government’s …

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Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism: ADB

Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new Asian Development Bank (ADB) report. …

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ADB committed highest-ever USD 3 bn in sovereign loans to India in 2018

ADB committed to provide USD 3 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the …

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