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LOANS & CREDITS May 25, 2018

India: Additional Financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project

World Bank News Release: Loan and Credit Summary

WASHINGTON, May 25, 2018 - The World Bank’s Board of Executive Directors today approved the following project:

Additional Financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project

IBRD Loan: US$ 500 million
Terms: Maturity = 10 Years, Grace = 3 Years
Project ID: P165402

Project Description: The program development objective is to build 7,000 km of climate resilient roads, out of which 3,500 km will be constructed using green technologies.


In New Delhi:
Nandita Roy
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Elena Kabaran
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