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Asian Development Bank

ADB

Tata Power Secures US$4.25B From ADB For Green Financing

2024-12-02
By: Roshan
On: December 2, 2024

Tata Power, a leading integrated power company in India, has partnered with the Asian Development Bank (ADB) through a Memorandum of Understanding (MoU) signed during COP29 in Baku, Azerbaijan. ThisContinue Reading

biofuel

Brilliant – Indian Biofuel Development Gets A $2.5 Million Boost

2020-12-08
By: Vartika
On: December 8, 2020

The Asian Development Bank (ADB) has approved a $2.5 million technical assistance (TA) to support advanced (second-generation) biofuel development in India. Second-generation biofuels can be produced from non-edible sources likeContinue Reading

Avaada Energy

Avaada Energy Receives An Investment Of $15 Million

2020-10-01
By: Vartika
On: October 1, 2020

The Asian Development Bank (ADB) has signed an agreement to invest $15 million in INR equivalent in Avaada Energy Private Limited (AEPL) to help the company to scale up photovoltaicContinue Reading

Suez Working On Two Water Treatment Projects Worth Over Rs 1,700 Cr.

2019-12-17
By: Vartika
On: December 17, 2019

France-based Suez SA is working on two water management projects worth 217 million euros (over Rs 1,700 crore) in New Delhi and Mangalore. A waste water treatment plant is beingContinue Reading

2 GW Open Access Solar Plants Coming Up In 5 States

2019-07-26
By: Roshan
On: July 26, 2019

Avaada Energy is in the process of implementing two gigawatt (GW) of open access solar plants in Maharashtra, Tamil Nadu, Haryana, Karnataka, and Odisha, the firm said in an officialContinue Reading

Avaada Energy Gets $50 Million As Investment From ADB

2019-03-20
By: Staff Reporter
On: March 20, 2019

Asian Development Bank (ADB) Tuesday said it has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scaleContinue Reading

ReNew Power Ventures gets Rs 2,250 crore from Stake Sale

2017-11-30
By: Staff Reporter
On: November 30, 2017

The Canadian pension fund manager,  CPP Investment Board (CPPIB) becomes the third largest stakeholder in ReNew Power where Goldman Sachs holds the majority share. It is acquiring a 14-15% stakeContinue Reading

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