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LOANS & CREDITS February 28, 2019

India: Dam Rehabilitation and Improvement Project - Restructuring and Additional Financing

WASHINGTON, February 28, 2019 – The World Bank Board of Executive Directors today approved financing for the following project: 

India: Dam Rehabilitation & Improvement Project - Additional Financing and Restructuring

IBRD Loan: US$137 million 

Terms: Maturity = 16 years ; Grace period = 3 years

Project ID: P166977

Project Description: The project aims to improve the safety and operational performance of selected existing dams in the territory of the participating states. It wil be achieved through rehabilitation and improvement of dams and improvement in central and state-level institutional capacity to sustainably manage dam safety administration and operation and maintenance.


Contacts

New Delhi
Sudip Mozumder
Principal Communications Officer
smozumder@worldbank.org
Washington
Elena Karaban
Senior Communications Officer
ekaraban@worldbank.org
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