In Short : The Asian Development Bank (ADB) has approved support to advance Sri Lanka’s power sector reforms, focusing on improving financial sustainability, modernizing infrastructure, and strengthening regulatory frameworks. The initiative aims to enhance energy reliability, promote renewable integration, and support long-term sector stability. By addressing structural challenges, the program will help ensure a more […]
ADB Approves $650 Million Loan to Accelerate Rooftop Solar Adoption in India – EQ
In Short : The Asian Development Bank’s approval of a $650 million loan is set to significantly boost rooftop solar adoption across India. The funding will support expanded financing for households, MSMEs, and commercial users, making solar installations more accessible and affordable. By accelerating clean energy deployment, the initiative will help reduce carbon emissions, strengthen […]
ADB Approves $846 Million Loan to Boost Skills and Employability in India – EQ
In Short : The Asian Development Bank (ADB) has approved an $846 million loan to strengthen India’s skill development ecosystem. The funding aims to enhance vocational training quality, expand access to modern skill programs, and improve employability for youth and workers. It will support upgrading training institutions, integrating industry-relevant curriculum, and increasing opportunities in key […]
ADB Approves Financing for Transformative Reko Diq Copper Mining Project in Pakistan – EQ
In Short : The Asian Development Bank (ADB) has approved financing for Pakistan’s transformative Reko Diq copper mining project, one of the world’s largest undeveloped copper-gold deposits. The funding will support sustainable development, job creation, and economic growth while ensuring environmental and social safeguards. The project is expected to significantly boost Pakistan’s mining sector and […]