News

EBRD steps up support for renewable energy production in Kazakhstan

Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of a new 50MW solar power plant in the south of the country.

ADB reaffirms commitment to support energy sector development in Afghanistan

The Asian Development Bank (ADB) reaffirmed its commitment to support Afghanistan’s energy development priorities at a ceremony organized by Da Afghanistan Breshna Sherkat to recognize the support of ADB and other development partners to the energy sector.

ADB grant to help develop railways in CAREC countries

The Asian Development Bank (ADB) has approved a $2 million regional technical assistance grant to support the development of railways in Central Asia Regional Economic Cooperation (CAREC) countries. (Photo credit: ADB)

240,000 people in cities across Uzbekistan to benefit from improved heating and hot water services

Uzbekistan often experiences cold and harsh winters. A stable heat supply is therefore critical for ensuring the well-being of its citizens and for preventing environmental, safety, and health-related hazards.

EBRD invests in modern power generation in Uzbekistan

Power supply in south Uzbekistan will be significantly improved thanks to the creation of additional generation capacity at the existing Talimarjan power plant with the help of a sovereign loan of up to $240 million provided by the EBRD to JSC Uzbekenergo. The project will be the largest EBRD investment in Uzbekistan to date.

ADB grant to support increased cross-border energy trading in Central Asia

The Asian Development Bank has approved a $4.5 million cluster regional technical assistance grant to support an increase in regional power trade in Central Asia Power System (CAPS) and explore potential reconnection of Turkmenistan to CAPS and its further expansion to Afghanistan.

ADB appoints new country director for Uzbekistan

The Asian Development Bank (ADB) has appointed Cindy Malvicini as its new Country Director for Uzbekistan.

ADB loan to pilot clean heating systems, cut carbon emissions in PRC

The Asian Development Bank (ADB) has approved a €350 million ($399.91 million) loan to pilot clean heating and cooling systems that will slash carbon emissions in the highly polluted Shandong Province in the People’s Republic of China (PRC).

ADB, Pakistan sign $284 million deals to upgrade power transmission network

The Asian Development Bank (ADB) and the Government of Pakistan signed loan and grant agreements worth $284 million to improve Pakistan’s power transmission network.

ADB provides additional financing to improve roads in Khyber Pakhtunkhwa

The Asian Development Bank (ADB) has approved a $75 million loan as additional financing for a project that aims to improve road conditions, capacity, and road safety on provincial roads in Khyber Pakhtunkhwa in Pakistan. The additional funding will widen and enhance 42 kilometers of the total length (53.9 km) of the chronically congested and unsafe Mardan–Swabi road.