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World Bank Statement on the Assessment of the Rampur Hydropower Project

May 2010: The World Bank has an established internal system of regularly reviewing the implementation progress of every project that it supports. The last such review of the Rampur Hydropower Project, being developed by SJVN Ltd (SJVNL) on the Sutlej river, indicated that the project was facing certain challenges in meeting its progress targets under difficult geological conditions.

The assessment made during this review was aimed at focusing the efforts of both the Bank and SJVNL on finding appropriate solutions to meet these challenges. SJVNL has, in consultation with the World Bank, drawn up an action plan to bring the project progress back on track. Once the implementation progress is satisfactory, the assessment will be revised upwards. As per World Bank financing terms, this assessment has no financial implications for the company.

For more information, please contact Sona Thakur: sthakur1@worldbank.org




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