News

ADB loan to give Uzbekistan power plant new lease of life

The Asian Development Bank has approved a $300 million loan to upgrade Uzbekistan’s Takhiatash thermal power plant to meet rising electricity demand in the west of the fast-growing Central Asian country.

Energy efficiency financing and delivery mechanisms in Kazakhstan

Options for developing and implementing energy efficiency financing and delivery mechanisms in Kazakhstan have been extensively discussed at the high-level conference organized by the Ministry of Industry and New Technologies jointly with JSC “Institute for the Development of Electricity and Energy Saving” and the World Bank.

World Bank supports secure and reliable supply of power in Georgia

The World Bank Group Board of Executive Directors approved a $60 million International Bank for Reconstruction and Development (IBRD) financing for the Transmission Grid Strengthening Project for Georgia.

World Bank Group launches new country partnership strategy for Georgia

The four-year strategy will guide the World Bank Group’s support to the country in helping end extreme poverty and boost shared prosperity in a sustainable manner.

$400 million loan to help Pakistan end crippling power problems

The Asian Development Bank (ADB) has approved a $400 million loan to support the Government of Pakistan's ongoing reforms to tackle the country’s chronic energy crisis which has crippled industries and caused social unrest.

Up to $2.5 trillion needed for South Asia infrastructure – World Bank

South Asia needs to spend as much as $2.5 trillion on infrastructure by 2020 to bring its power grids, roads and water supplies up to the standard needed to serve its growing population, a World Bank report says.

World Bank Group invests in energy trade between Central Asia and South Asia

The World Bank Group’s Board of Directors approved a $ 526.5 million in grant and credit financing for the Central Asia South Asia Electricity Transmission and Trade Project (CASA-1000) for four countries: Afghanistan, Kyrgyz Republic, Pakistan, and Tajikistan.

Donors pledge additional $286 million to ADB infrastructure fund for Afghanistan

The governments of Japan, United Kingdom, and the United States will continue their support for improving and maintaining Afghanistan’s key roads, power plants, and other infrastructure by providing an additional $286 million to the Afghanistan Infrastructure Trust Fund.

ADB president reaffirms long-term support for Afghanistan

Asian Development Bank President Takehiko Nakao has completed a visit to Afghanistan during which he reassured the country of the Bank’s continued support during and beyond the current period of transition.

ADB provides $900 million for Jamshoro Power Project

The Asian Development Bank (ADB) and the Government of Pakistan signed an agreement under which ADB will provide $900 million for the 600 megawatt Jamshoro supercritical coal-fired power plant.