ADB Commits $241 Million for Power Distribution

25 Oct 2024 CW Team

The Asian Development Bank (ADB) has announced a $241 million loan aimed at enhancing power distribution in West Bengal. This financial commitment is part of a broader initiative to improve the state’s energy sector infrastructure, ensuring more reliable and efficient electricity supply to its residents. The funding will specifically target the modernization of existing distribution networks, which is crucial for supporting the growing demand for electricity in urban and rural areas alike.

With this loan, ADB aims to bolster the capacity of West Bengal’s public utilities, thereby increasing energy access and promoting sustainable development. The project is designed to enhance energy efficiency, reduce transmission losses, and improve overall power reliability, which is essential for stimulating economic growth in the region.

In addition to addressing current challenges, the initiative also aligns with broader government strategies focused on renewable energy integration and climate resilience. By upgrading infrastructure and expanding access to electricity, the ADB funding will facilitate the state’s transition toward a greener, more sustainable energy landscape.

This investment is expected to significantly impact local communities, providing essential services and fostering urban development. Furthermore, it underscores ADB’s commitment to supporting power sector reforms and initiatives that enhance energy security in West Bengal, positioning the state as a leader in the energy transition within India.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..