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.