ADB | India Writes

AIIB to jointly finance first project with ADB in Pakistan

May 4, 2016May 4, 2016 - by India Writes Network

The China-backed Asian Infrastructure Investment Bank (AIIB) has agreed to jointly finance a major new highway in Pakistan in its first co-financed project with the Asia Development Bank (ADB). …

India’s GDP to grow at 7.4% despite global headwinds: ADB

March 31, 2016March 31, 2016 - by India Writes Network

India’s gross domestic product (GDP) is expected to grow at 7.4% in the fiscal 2016-17, slightly below the estimate of 7.6% this year, Asian Development Bank (ADB) said. In the …

ADB to lend $1 billion for green energy in India

December 10, 2015December 10, 2015 - by India Writes Network

Bolstering India’s green energy ambitions, the multilateral lending agency Asian Development Bank (ADB) will provide USD 1 billion loan to central transmission utility Power Grid Corp for renewable energy transmission …