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Asian Development Bank

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ADB Approves $434.25 Mn Loan To Setup Solar Facility In Assam

The Asian Development Bank’s (ADB) recent approval of a $434.25 million loan to develop a solar power facility in Assam is a powerful commitment to combating climate change and fostering a clean energy future in India. This funding will catalyze Assam's transition from fossil fuel dependency to renewable energy, reinforcing sustainable growth and reducing the region's carbon footprint.




With the establishment of this solar project, ADB is enhancing Assam’s energy security and paving the way for long-term economic resilience through renewable energy infrastructure. By investing in this solar facility, ADB is helping to create a cleaner, more sustainable energy ecosystem that will curb the use of fossil fuels, mitigate greenhouse gas emissions, and drive India closer to its climate goals. This initiative sets a bold example for renewable energy adoption, demonstrating how strategic funding and visionary projects can contribute to a healthier planet and a brighter, more sustainable future.

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  • Ann Nyambura

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    Let's hope this encourages more investments in renewable energy across India and beyond

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    • rosebellendiritu

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      This is a great initiative.with the required financial support alot can be done to make the world a better place.

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      • Peter Karanga

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        This initiative is a significant step towards reducing Assam’s reliance on fossil fuels and promoting sustainable growth.

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        • Kevin

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          Sustainability driven by proper financing.

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          • dickson mutai

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            6 w

            An inspiring example of how international funding can drive local sustainability

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            • Kihm Francis

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              This is fantastic news! Investing in renewable energy like this sets a powerful example for climate-conscious development, showing the world that we can achieve progress while safeguarding our environment.

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              • Kelvin Thuranira kaberia

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                The way This initiative sets a bold example for renewable energy adoption, demonstrates the effort by the Asian development bank

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                • walter lungayi

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                  This is a great initiative. Securing this renewable energy will help to reduce emissions while solving high energy demand.#BuyMoreTime#MoveTheMoney

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                  • Kevin

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                    @walter_lungayi This is visionary

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                  • Princess

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                    Kudos to the Asian Development Bank for a visionary investment in Assam’s renewable energy future!..

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                    Re-watch all our COP29 broadcasts

                    We need to stop methane and #BuyMoreTime