WASHINGTON, April 12, 2017 - The World Bank’s Board of Executive Directors approved the following project:
India – Madhya Pradesh Urban Development Project
IBRD Loan: US $116.20 million equivalent
Terms: Maturity = 35 years, Grace = 5 years
Project ID: P155303
Project Description: The project will strengthen the financial and administrative capacity of the Madhya Pradesh Urban Development Company Ltd (MPUDC) to serve as a nodal agency for implementing citywide infrastructure improvement projects.