WASHINGTON, December 10, 2019- The World Bank Board of Executive Directors today approved financing for the following project:
West Bengal Major Irrigation and Flood Management Project
IBRD Credit: USD145 million
Terms: Maturity: 24 years ; Grace period: 6 years
Project ID: P162679
Project Description: The project will benefit 2.68 million farmers with reliable and efficient irrigation systems in West Bengal, India. The loan will improve irrigation and flood management services, invest in canal modernization and support farmers in building resilience against climate change in the Damodar Valley Command Area on the Damodar river in West Bengal.