The National Highways Authority of India (NHAI) has set the base price for the second package of toll-operate-transfer rights (TOT) auction of public roads at ₹ 5,362 crore.
The World Bank’s Board of Executive Directors has approved a $19.95 million project for the electricity access and renewable energy expansion for Solomon Islands.
The World Bank has approved a $250 million development policy loan (DPL) to Rajasthan for the improvement of the state’s electricity distribution sector under the ‘24×7 Power for All’ program.
Rising temperatures and changing monsoon rainfall patterns as a result of climate change could cost India 2.8 per cent of Gross Domestic Product (GDP) and depress the living standards of nearly half of the country’s population by 2050, the World Bank has said in its latest report.
The World Bank today announced it has approved a Rs 2,040 crore (US $300 million) assistance to help scale up India’s energy efficiency program. This includes Rs 1,496 crore of loan and additional Rs 544 crore to be provided as guarantee for projects.
Pakistan today approached the World Bank amid reports that India could revoke the 56-year- old Indus Water Treaty, with senior Pakistani officials taking up the matter with the international lender which had mediated the water-sharing deal
Zambia will complete its first large-scale 50 megawatt (MW) solar power generation plant in September this year as the nation battles a power deficit which threatens industrial output, a state-owned agency said on Tuesday. The electricity shortfall has forced Africa’s second-largest copper producer to ration power supply to the mines, the biggest consumers. The $60 […]
India is doing “extremely well” on electrification with nearly 85 per cent of the country’s population having access to electricity, the World Bank has said.
The world is moving too slowly to meet targets to provide electric power and clean cooking to everyone on the planet by 2030, with progress on using less-polluting fuels in the kitchen especially poor, international agencies said on Wednesday.
The Uttar Pradesh Cabinet today gave its approval to a number of road projects in the state which would be carried out with the help of Asian Development Bank (ADB) or the World Bank. These projects would be completed in 18 to 24 months.