Phnom Penh, June 24 (IANS) The Asian Development Bank (ADB) announced on Wednesday that it has approved a financing package of 63.44 million US dollars to boost Cambodia’s renewable energy transition through a major battery storage project. The Utility-Scale Battery Energy Storage Project will accelerate the integration of renewable energy into Cambodia’s power system, strengthen grid stability and energy security, and bolster cross-border power trade, the ADB said in a press release.It will fun…
Latest Asian Development Bank News & Updates
Shillong/Aizawl, June 19 (IANS) Mizoram Chief Minister Lalduhoma on Friday said the state has emerged as one of the leading beneficiaries of Externally Aided Projects (EAPs) in the Northeast, effectively leveraging international funding to support infrastructure development and socio-economic growth. Addressing a seminar on “Leveraging Externally Aided Projects (EAPs) in the North Eastern States,” the Chief Minister cited several major initiatives supported by international development partn…
Shillong/Agartala, June 19 (IANS) Tripura Chief Minister Manik Saha on Friday highlighted the transformative role of Externally Aided Projects (EAPs) in the state’s development and urged the Central Government to remove the existing ceiling on EAP borrowings for the Northeastern states to accelerate infrastructure creation and economic growth. Addressing a seminar on “Leveraging Externally Aided Projects (EAPs) in the North Eastern States” in Shillong in the presence of Union Finance Minis…
New Delhi, June 13 (IANS) India has emerged as one of the frontrunners in trade digitalisation and is well positioned to advance towards seamless cross-border paperless trade, according to policymakers, industry leaders and trade experts.The assessment emerged during a high-level session on India’s Trade Digitalisation: From Domestic to Cross-Border Integration at the Asia-Pacific Trade Facilitation Forum x Paperless Trade Week (APTFF x PTW) 2026 in Bangkok.The event — which was organised by th…
Agartala, June 1 (IANS) Tripura Power Minister Ratan Lal Nath on Sunday said that 95 per cent of the Asian Development Bank (ADB)-funded power distribution strengthening work in the state has been completed, while the remaining work is expected to be finished by June. Union Minister for Housing and Urban Affairs and Power Manohar Lal Khattar on Sunday reviewed power and urban development projects with Tripura Chief Minister Manik Saha and Power Minister Ratan Lal Nath.After the meeting, Minister…
Shimla, May 30 (IANS) Principal Advisor (Media) to Himachal Pradesh Chief Minister, Naresh Chauhan, said on Saturday that the Bharatiya Janata Party (BJP) in the hill state has been making exaggerated and misleading claims about its performance in the local body and panchayat elections, while feedback received by the Congress from across the state indicated that a large number of party-supported candidates have emerged victorious. He added that the BJP “is attempting to create a perception of vi…
New Delhi, May 25 (IANS) Bangladesh faces a moderate risk of external and overall debt distress with limited capacity to absorb shocks in the near term, the Asian Development Bank (ADB) said.ADB warned that weak revenue mobilisation and rising domestic borrowing are increasing fiscal pressures ahead of the country’s graduation from least‑developed‑country status, the report from Bangladesh-based The Daily Star said.”The lender warned that Bangladesh’s graduation from LDC status in Novemb…
Bengaluru, May 21 (IANS) Karnataka Law and Tourism Minister H.K. Patil on Thursday said the state government would make every possible effort to protect the voting rights of citizens if any process unnecessarily deprived them of their franchise. Addressing reporters after the cabinet meeting, Patil said extensive discussions were held regarding the Special Intensive Revision (SIR) of electoral rolls in Karnataka.He alleged that the SIR process had led to the deletion of voting rights of nearly 2…
Agartala, May 20 (IANS) Tripura Power Minister Ratan Lal Nath on Wednesday announced that the state government and the Tripura State Electricity Corporation Limited would provide rooftop solar panels for just Rs 1,000 to consumers using less than 50 units of electricity, with 1.5 lakh families already identified under the initiative. The Minister announced after launching the Rooftop Solar Photovoltaic System Handbook at Geetanjali Government Guest House here.Highlighting the benefits under the …
Shillong, May 13 (IANS) Meghalaya Chief Minister Conrad K. Sangma on Wednesday launched four major skill development initiatives aimed at strengthening employment, entrepreneurship and livelihood opportunities for the youth of the state. The initiatives were unveiled during Skillerate 2026 held at North-Eastern Hill University in Shillong. The programme was organised by the Department of Labour, Employment and Skill Development in collaboration with Skills Meghalaya and the Meghalaya State Skill…