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LOANS & CREDITS

World Bank Approves US$ 470 Million to Improve Electricity Supply in the North Eastern Region, India

June 24, 2016

WASHINGTON, June 24, 2016 – The World Bank’s Board of Executive Directors today approved the following projects:

 

India: North Eastern Region Power System Improvement Project

 

IBRD Credit: US$470 million equivalent

Terms: Maturity = 24.5 years, Grace = 5 years

Project ID: P127974

Project Description: The objective of the project is to increase the delivery of electricity at the boundaries of the power distribution network in the participating states in the North Eastern Region.

 


Media Contacts
In India:
Nandita Roy
Tel : +91-11-41479220
nroy@worldbank.org
In Washington:
Yann Doignon
Tel : +1 (202) 473-3239
ydoignon@worldbank.org

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