Monday, May 18, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

World Bank-AIIB to fund DRIP Phase II-III projects

Fiinews by Fiinews
February 5, 2021
in Banking & Finance, Contract, Projects, Tenders
Reading Time: 1 min read
A A
0
CWC
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Kataria updates on dam rehabilitation

The World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) will provide most of the funds for the Rs.10,211 crore Phase II and Phase III of Dam Rehabilitation and Improvement Project (DRIP) to improve safety and operational performance of selected dams across the country.

DRIP will receive Rs.7,000 crore as an external loan from the two banks with the rest Rs.3,211 crore to be borne by the respective states where the dams are to be rehabilitated and the three central agencies, Central Water Commission, Damodar Valley Corporation & Bhakra Beas Management Board, Minister of State for Jal Shakti Rattan Lal Kataria told Lok Sabha on 4 Feb 2021.

The 10-year scheme is to be implemented in Phase-II and Phase-III, each of six years duration with an overlap of two years.

The scheme has provision for preparation of Operation and Maintenance Manual (O&M) and Emergency Action Plan (EAP) for all selected dams under DRIP Phases II & III.

O&M Manual will cover the improvement/modernization aspect of operational performance of the dam. EAP shall cover dam break analysis, inundation maps and identification of key personnel and response arrangements etc. to enhance resilience against the possible negative impacts. #WorldBank #AIIB #projects #contracts #tenders #Dams /fiinews.com

Tags: AIIBWorld Bank
ShareTweetShare

Related Posts

PIB
Projects

Project: Indo-Dutch Strategic Partnership formed

by Fiinews
May 18, 2026
0
11

Prime Ministers Modi-Jatten explore new avenues bilateral trade India and the Netherlands have upgraded bilateral relations to a 'Strategic Partnership'...

Make In India
Tenders

Tender: Deadline for REMP bids extended

by Fiinews
May 17, 2026
0
16

Bid due date for global tender moved to 29 June 2026 The Ministry of Heavy Industries (MHI) has extended timelines...

Sembcorp logo (1)

Project: India-SG work on bilateral economies

May 16, 2026
12
Railtrans logo 2026

Tender: Approved Ahmedabad’s Rs.20,667cr project

May 16, 2026
18
Coal India Ltd

Tender: Rs.37,500cr gasification project approved

May 16, 2026
20
GMR Aero

Tender: Nagpur Airport to be modernized

May 16, 2026
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Indian-Swedish talks held in Gothenburg
  • Project: Indo-Dutch Strategic Partnership formed
  • Market: Canon expands footprint in India
  • Manufacture: AI to drive industrial leadership
  • Tender: Deadline for REMP bids extended

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.