India: Andhra Pradesh Community-Based Tank Management Project

 

WASHINGTON, April 19, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IDA CREDIT: US$94.5 million

TERMS: Maturity = 35 years; Grace Period = 10 years

IBRD LOAN: US$94.5 million

TERMS: Maturity = 20 years; Grace Period = 5 years

PROJECT DESCRIPTION: The project aims to improve the physical and operational performance of about 3000 tank systems with a command area of about 250,000 hectares, secure the safety of the tank structures, and improve on-farm water management and efficiency. It will also enable groundwater users in those tank systems that have groundwater stress to improve the management of their groundwater resources, thereby enhancing agricultural productivity and livelihoods.

 

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

For project documents, please visit the project web site.