IBRD Loan: US$1 billion
Terms: Maturity = 29.5 years; Grace Period = 5 years
Project ID: P115566
Project Description: The Fifth Power System Development Project for India aims to strengthen India's electricity transmission system in order to increase reliable power exchange between regions and states. The project will consist of regional transmission schemes for strengthening of Western, Northern and Southern region transmission systems, and the interregional power exchange for the national grid. The first three schemes are being constructed to meet the demand in the Western and Northern regions where the Sasan Ultra Mega Power Project (UMPP) and Mundra UMPP are physically located. Both plants are expected to be commissioned in 2012-13, to facilitate the exchange of power between regions. The fourth scheme will meet the power demand within the southern region and will transfer the power to load centers in the Western region. The fifth scheme, the South-West interconnection, will transfer power surpluses in the Southern region to deficit regions in the Western region.