In Short : Karan Mitroo, a seasoned Banking & Finance Partner at Luthra and Luthra Law Offices India, has moved to J. Sagar Associates (JSA). Known for his expertise in banking, capital markets, and infrastructure, Mitroo’s transition marks a significant lateral move in the legal industry. His addition is expected to strengthen JSA’s banking and […]
In Short : ADB and SK Finance have joined hands to empower women entrepreneurs and boost electric vehicle adoption in India. The collaboration focuses on improving access to affordable financing, supporting women-led businesses, and promoting sustainable mobility solutions. This initiative aims to drive economic growth, gender equality, and environmental sustainability in the country. In Detail […]
In Short : The Asian Development Bank (ADB) and Mymensingh Solar Energy Limited (MSEL) have partnered to establish a 20-MW solar power plant in Bangladesh, boosting renewable energy efforts. The project supports Bangladesh’s goals to reduce carbon emissions and increase clean energy production to 10% by 2025 and 40% by 2041. In Detail : MANILA, […]
In Short : Glass Wall Systems and Dow India have signed a deal to create carbon-neutral building façades. This partnership aims to develop sustainable and energy-efficient building solutions, contributing to reduced carbon emissions and promoting environmentally friendly construction practices. In Detail : Demonstrating their mutual dedication to carbon neutrality, Dow Chemical International Private Limited (Dow […]
ALMATY, KAZAKHSTAN : The Asian Development Bank (ADB) and Joint Stock Company Almaty Electric Stations (ALES), wholly owned by Samruk-Energy JSC (Samruk-Energy), have signed a 98 billion Kazakhstan tenge local currency loan (around $214 million) to replace an inefficient coal-fired combined heat and power plant (CHP) in Almaty with state-of-the-art combined cycle gas turbine (CCGT) […]
TASHKENT, UZBEKISTAN : The Asian Development Bank (ADB) and ACWA Power Company (ACWA) signed $174 million worth of loans to develop the Bash wind power and Dzhankeldy wind power plants, both located in the Bukhara region in Uzbekistan. The financing comprises loans amounting to $40.5 million for Bash and $46.5 million for the Dzhankeldy funded […]
DELHI, INDIA : The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), entered into an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2 million) to enhance Delhi’s power distribution through grid enhancements, and a $2 million […]
STEPHENVILLE, N.L. : Canada and Germany say a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years. Natural Resources Minister Jonathan Wilkinson and German Vice-Chancellor Robert Habeck signed the deal on Tuesday in the port town of Stephenville, N.L., where they attended a hydrogen trade […]