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.