WASHINGTON, DC : The Asian Development Bank (ADB) today joined the Global Energy Alliance for People and Planet (GEAPP) to announce $35 million to help boost energy access and the energy transition in South and Southeast Asia. The contribution from GEAPP was formalized at a signing ceremony in Washington, DC, by ADB Managing Director General […]
Timor-Leste, ADB Sign $35 Million Loan to Enhance Electricity Services – EQ Mag Pro
DILI, TIMOR-LESTE : The Asian Development Bank (ADB) and the Government of Timor-Leste have signed a $35 million loan to modernize the country’s power distribution system and strengthen state utility Electricidade de Timor-Leste’s ability to manage the electricity grid. “Building climate-resilient infrastructure and providing basic services is a focus of ADB’s support to Timor-Leste, as […]