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LOANS & CREDITS

India - Fourth Power System Development Project

March 18, 2008



IBRD Loan: USD$600 million
TERMS: Maturity= 20 years Grace= 5 years
PROJECT DESCRIPTION: The project aims to further facilitate and strengthen the transmission system in order to increase reliable power exchanges between the regions and states of India. The project is designed to focus on (i) strengthening the transmission system in the power deficit regions and increasing inter-regional transmission capacity, and (ii) developing the institutional capacity of POWERGRID to facilitate the implementation of open access and inter-regional trading.


Media Contacts
Erik Nora
Tel : (202) 458-4735
enora@worldbank.org

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