• $
  • €
  • ₽
  • ₺
  • £

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.

Instagram
Go
Similar news
Similar news
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Business 16:01
Azerbaijan to include deep-lying ACG gas output in energy balance from 2027
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
Business 15:37
Tanker Khankendi makes historic first entry into Australian waters under Azerbaijani flag
SOCAR expects to disclose ACG recoverable gas volumes soon
Business 15:00
SOCAR expects to disclose ACG recoverable gas volumes soon
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
Business 14:30
SOCAR, BP see ACG’s ultimate oil recovery factor above 40%
BP says ACG annual oil output decline slows to 3%
Business 13:58
BP says ACG annual oil output decline slows to 3%
Azerbaijan central bank sets official exchange rates for November 13
Business 13:00
Azerbaijan central bank sets official exchange rates for November 13
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Business 12:30
Gold prices rise 0.7% to $3,912.4 per ounce on COMEX
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Business 12:29
Azerbaijan gas pipeline to Europe operating at full capacity, Aliyev says
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Business 12:00
Oil prices edge lower on easing geopolitical tension hopes and rising US stocks
Anews TV

Our official Youtube channel

Subscribe