Nawalparasi (Bardaghat Susta West): The much awaited 220 kV Kaligandaki Transmission Line of Kaligandaki Corridor Project was completed last week almost after 10 years since the study and construction. Energy, Water Resources and Irrigation Minister Shakti Bahadur Basnet inaugurated this projec...}
Kathmandu: The Asian Development Bank (ADB) has approved a $166 million financing package to boost the local economy in Nepal by building climate- and disaster-resilient cities that promote sustainable tourism and provide residents with a better quality of life.
The Urban Resilience and Liv...}
Kathmandu : The Asian Development Bank (ADB) has expressed its commitment to invest in the 635-megawatt Dudh Koshi reservoir type hydropower project.
A team comprising the managing director of the Nepal Electricity Authority (NEA), Kul Man Ghising, ADB Director General Ramesh Subramaniam and...}
Kathmandu; The Asian Development Bank (ADB) has estimated that Nepal’s current account deficit will be moderated to 3.9 percent of the country’s GDP in 2024 due to an increase in the use of hydroelectricity output.
Unveiling the Asian Development Outlook, the multilateral lending...}
Kathmandu: A four-day ‘CP3P (Certified Public-private Partnerships Professional): The APMG PPP Certification Program’ kicked off today in Kathmandu with the support of the Asian Development Bank. Officials from the nine different ministries, OIBN and embedded consultants are participatin...}
The Asian Development Bank (ADB) today announced the appointment of Warren Evans as Special Senior Advisor (Climate Change), Office of the President.
Mr. Evans will function as a climate envoy and provide broad oversight and guidance for ADB’s climate operations, including optimizing c...}
The Asian Development Bank (ADB) has provided a loan assistance of about Rs 7.08 billion for the improvement and modernization of Nepal's electricity system. A bilateral agreement for the loan assistance was signed at the Ministry of Finance on Friday by Finance Secretary Madhukumar Marasini and...}
The Asian Development Bank (ADB) has approved a $60 million loan as additional support for the ongoing Electricity Grid Modernization Project that is upgrading power transmission and distribution systems in Nepal.
The ongoing project, approved in November 2020, is automating 34 existing grid su...}
ISLAMABAD: The Asian Development Bank (ADB) on Tuesday announced that it has approved a $ 300 million loan to finance the construction of a 300-megawatt hydropower plant in north-western Pakistan. It will help boost clean energy and improve the country's energy security.
T...}