Daily News: Economics
April 17, 2025
ADB APPROVES $104M LOAN AND $400,000 GRANT TO STRENGTHEN GEORGIA ENERGY SECURITY
The board of directors of the Asian Development Bank (ADB) approved a loan of $104 million and a grant of $400,000 to strengthen Georgia’s energy security. The project envisages installation of a climate-resilient energy storage system (battery energy storage system, BESS) on the territory of the substation in Ksani, Georgian Finance Ministry reported.
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2.7503 |
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3.1249 |
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3.3429 |
 0.0037 |
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