India: Power System Development Project

WASHINGTON, January 19, 2006- The following project was approved today by the World Bank’s Board of Executive Directors:

 

IBRD LOAN: US$400 million

TERMS: Grace Period = 5 years, Maturity = 20 years.

PROJECT DESCRIPTION: The project is designed to strengthen India’s transmission system in order to increase reliable power exchanges between the regions and states of the country.

 

For more information please call: Erik Nora at (202) 458 4735 or email: enora@worldbank.org

 

For Project documents visit:

http://www.worldbank.org.in/external/default/main?pagePK=64027221&piPK=64027220&theSitePK=295584&menuPK=295617&Projectid=P086414