Asian Development Bank (ADB)

Company description

The Asian Development Bank was conceived in the early 1960s as a financial institution it is headquartered in Metro Manila, Philippines. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact. ADB is composed of 67 members (countries), 48 of which are from the Asia and Pacific region. ADB assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.  ADB is focused on core areas such as:

  • Infrastructure (water, energy, transport, urban development, ICT)
  • Environment
  • Regional cooperation and integration
  • Finance sector development
  • Education
  • Health
  • Agriculture and natural resources

Company details

City:
Manila
Address:
6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • August 27, 2024

    ACWA Power planned to build 500 MW solar plant and BESS in Uzbekistan

    ACWA Power has planned to build a 500 MW solar plant and a 500 MWh battery energy storage system in Uzbekistan under a project proposed by the Asian Development Bank (ADB).

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  • May 08, 2024

    Financing announced for 100 MW Solar PV project in Bangladesh

    The Asian Development Bank (ADB) has signed a US$121.55 million financing package with Dynamic Sun Energy Private Limited to build and operate a 100 MW grid-connected solar photovoltaic power plant in...

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  • January 31, 2024

    Tender published for Patuha Unit 2 geothermal power plant in West Java

    PT Geo Dipa Energi (Persero) has published a tender for an Engineering, Procurement, and Construction (EPC) contract for the Patuha Unit 2 geothermal power plant in West Java, Indonesia. PT. Geo...

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  • August 28, 2023

    ADB supports development 25 MW solar PV project in Tamil Nadu

    The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner) have joined forces in a long-term collaboration aimed at advancing clean and affordable energy solutions in...

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  • June 23, 2023

    Deal signed for upgradation of 510 MW Combined Heat and Power (CHP) Plant in Kazakhstan

    The Asian Development Bank (ADB) and Joint Stock Company Almaty Electric Stations (ALES), have signed a loan agreement worth KZT98 billion (approximately US$214 million) to replace an outdated coal-fi...

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  • June 22, 2023

    Envision Energy to supply turbines for 1 GW Wind Projects in Uzbekistan

    Envision Energy has announced that it has been selected as the turbine supplier for the Bash & Dzhankeldy wind projects in Uzbekistan, which have a combined capacity of 1 GW.  

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  • May 02, 2023

    US$174 million financing approved for 1 GW wind farms in Uzbekistan

    The Asian Development Bank (ADB) and ACWA Power Company (ACWA) have signed a US$174 million worth of loans to develop the Bash wind power and Dzhankeldy wind power plants, both located in the Bukhara...

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  • April 24, 2023

    NEA launches tender for Piluwa - Parwanipur 132 kV Transmission Line Upgradation Work

    Nepal Electricity Authority, through the financing support of the Asian Development Bank (ADB), has launched a tender for the Piluwa - Parwanipur 132 kV Transmission Line Upgradation Work. ...

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  • April 18, 2023

    ADB, GEAPP to provide US$35mn to boost energy access and energy transition in South and Southeast Asia

    The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) have announced a US$35 million contribution to assist the energy transition and expand energy access in So...

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  • March 02, 2023

    USD692.55 million financing package signed for 600 MW wind farm in Laos

    The Asian Development Bank (ADB) has signed a US$692.55 million nonrecourse project financing package with Monsoon Wind Power Company Limited (Monsoon) to build a 600 MW wind power...

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