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 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 plans over $300 million to support Tajikistan’s development in 2019–2021 The Asian Development Bank’s (ADB) updated 2019–2021 country program for Tajikistan focuses on supporting road and energy development, private sector development, education and healthcare improvement, food security, and municipal infrastructure.
ADB signs deal to enhance energy connectivity in Afghanistan The Asian Development Bank (ADB) signed a memorandum of understanding for a series of energy projects, which will help Afghanistan enhance energy security and efficiency, boost energy supply, and strengthen the country’s cross-border trade in energy.
ADB signs $500 million loan to strengthen Turkmenistan’s electricity supply, boost regional power trade The Asian Development Bank (ADB) and the Government of Turkmenistan signed a $500 million loan to strengthen Turkmenistan’s transmission network, improve the reliability of the country’s power supply, and increase electricity exports to neighboring countries. The signing was conducted at the sidelines of the 17th Ministerial Conference on CAREC held in Ashgabat, Turkmenistan.
ADB grant to help Tajikistan reconnect to the Central Asian Power System The Asian Development Bank (ADB) has approved a $35 million grant to reconnect Tajikistan’s electricity system to the Central Asian Power System (CAPS) through interconnection with the Uzbekistan system. This will help expand regional energy trade and improve regional energy efficiency among countries connected to CAPS.
ADB President reaffirms support to CAREC at 17th Ministerial Conference Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.
ADB affirms support for Pakistan’s development agenda Asian Development Bank (ADB) Vice-President Wencai Zhang affirmed ADB’s support for the Government of Pakistan’s new development and reform agenda during his 2-day visit to the country.
ADB approves new partnership strategy for Kyrgyz Republic The Asian Development Bank's Board of Directors has endorsed a new 5-year country partnership strategy to promote sustainable economic growth, leverage regional cooperation to reap the benefits of access to larger markets, and improve the quality of life in the Kyrgyz Republic.
