• $
  • £

ADB allocates $1.25 million for ADY’s sustainable development project

ADB allocates $1.25 million for ADY’s sustainable development project
05.12.2025 18:00

The Asian Development Bank (ADB) has allocated USD 1.25 million in technical assistance to Azerbaijan Railways (ADY), the company’s chairman Rovshan Rustamov announced.

He said the project will support preparatory work to improve energy efficiency across railway infrastructure, expand electrification and reduce carbon emissions. It also envisions a gradual phase-out of diesel-powered rolling stock and the integration of renewable energy sources — particularly solar power — into stations and service facilities.

Rustamov added that the initiative will enhance the sustainability and environmental performance of Azerbaijan’s railways and contribute to strengthening green development in the country’s transport sector.

Similar news
Similar news
Netanyahu declined meeting with Zelenskiy in Washington — Haaretz
Business 17:30
Netanyahu declined meeting with Zelenskiy in Washington — Haaretz
Azerbaijan sends nearly 40 tonnes of railway equipment to Ukraine
Business 16:30
Azerbaijan sends nearly 40 tonnes of railway equipment to Ukraine
Azerbaijan’s top 10 private exporters boost sales to $558 mln
Business 16:30
Azerbaijan’s top 10 private exporters boost sales to $558 mln
Azerbaijan banks’ loan portfolio rises to 31.8 bln manats
Business 16:00
Azerbaijan banks’ loan portfolio rises to 31.8 bln manats
Azerbaijan, Kazakhstan discuss development of Middle Corridor
Business 15:30
Azerbaijan, Kazakhstan discuss development of Middle Corridor
Earn up to 11.5% with Yelo Stable deposit!
Business 14:59
Earn up to 11.5% with Yelo Stable deposit!
ABB Bank opens a branch in Shusha
Business 13:49
ABB Bank opens a branch in Shusha
Azerbaijan records 1.09 mln foreign arrivals in first half
Business 13:30
Azerbaijan records 1.09 mln foreign arrivals in first half
Azerbaijan’s domestic card payments approach 10 bln manats in June
Business 13:00
Azerbaijan’s domestic card payments approach 10 bln manats in June
Anews TV

Our official Youtube channel

Subscribe