ADB lending to India: ADB pledges $4.26 billion in 2025 sovereign lending; focus on jobs, energy transition and cities

ADB lending to India: ADB pledges $4.26 billion in 2025 sovereign lending; focus on jobs, energy transition and cities

The Asian Development Bank (ADB) committed $4.258 billion in sovereign lending to India in 2025, supporting projects across workforce skilling, renewable energy, urban infrastructure, metro and rail networks, healthcare services and ecotourism, the multilateral lender said on Friday, reported PTI.Of the 16 new projects committed during the year, nearly 32% were in the human and…

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Solar financing: Renewable energy ministry issues clarification; says no lender advisory was issued to banks

Solar financing: Renewable energy ministry issues clarification; says no lender advisory was issued to banks

The Ministry of New and Renewable Energy (MNRE) on Sunday dismissed reports suggesting it had asked lenders to halt financing for renewable energy projects, saying no such advisory has been issued to financial institutions, PTI reported.In a statement, the ministry said it has not directed banks or other lenders to stop extending loans to renewable…

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