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TAPI pipeline: ADB to charge $30 million 'success fee'

Last Updated: Tuesday, July 15, 2014, 17:31

Asian Development Bank (ADB) will charge a 'success fee' of USD 30 million besides a retainer fee of USD 50,000 per month for helping build the USD 7.6 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.

Jaitley in Asian Development Bank board

Last Updated: Monday, June 02, 2014, 16:34

The institution today has 67 members. Of them, India is among the 31 founder members.

ABD gives $176 mn loan to extend Jaipur metro services

Last Updated: Thursday, May 29, 2014, 20:55

Manila based multi-lateral funding agency ADB would provide USD 176 million loan to fund extension of Jaipur metro services.

ADB pledges USD 3.5 mln for women, children in Nepal

Last Updated: Saturday, May 10, 2014, 14:46

The Asian Development Bank and the UK have pledged to provide USD 3.5 million to Nepal for the welfare of women and children in the country.

Chidambaram to attend ADB meet, to leave for Kazakh on May 2

Last Updated: Wednesday, April 30, 2014, 19:18

Finance Minister P Chidambaram is leaving for Kazakhstan on May 2 to attend the annual meeting of the Asian Development Bank (ADB).

ADB to realign operations in Asia-Pacific to tackle poverty

Last Updated: Thursday, April 24, 2014, 14:25

Asian Development Bank (ADB) on Thursday said it would realign its operations in the Asia-Pacific region to give a thrust to inclusiveness, saying the region continues to face huge poverty challenges.

ADB to grant loan of Rs 1200 cr for reconstruction of Uttarakhand

Last Updated: Wednesday, February 05, 2014, 21:14

The ADB will grant a loan of Rs 1,200 crore to Uttarakhand government for the reconstruction of damaged infrastructure in disaster-hit areas of the state.

ADB to lend $176 mn for Jaipur's metro expansion

Last Updated: Wednesday, December 18, 2013, 16:17

Asian Development Bank (ADB) today said it will lend USD 176 million for the expansion of the metro line in Jaipur.

ADB to give $150 mn loan to Petronet

Last Updated: Tuesday, December 17, 2013, 19:19

Petronet, the nation's largest importer of gas in its liquid form (liquefied natural gas or LNG), is expanding its 10 million tonne per annum Dahej terminal to 15 million tonnes at an estimated cost of about Rs 2,950 crore by end 2016.

ADB sees India growing 4.7 percent in 2013

Last Updated: Wednesday, December 11, 2013, 08:49

The Asian Development Bank (ADB) on Wednesday kept its growth forecast for India at 4.7 percent for this year, and sees the country growing at 5.7 percent in 2014.

Climate change to cause economic losses to Pacific countries

Last Updated: Tuesday, November 26, 2013, 21:03

Climate change could cause countries in the Pacific region to lose as much as 12.7 percent of their gross domestic product (GDP), the Asian Development Bank (ADB) said Tuesday.

ADB to provide $10 bn assistance to India over 5 years

Last Updated: Wednesday, November 06, 2013, 15:29

Multilateral lending agency Asian Development Bank (ADB) will provide loan of USD 2 billion annually for five years till 2017 to India to create jobs, enhance investment reforms, and improve infrastructure.