Saturday, July 5, 2025
  • 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

0:00

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

NICDC
Tenders

Tender: Take care of new urban development

by Fiinews
July 5, 2025
0
14

NICDC building sustainable industrial ecosystems, says Saini Greenfield industrial cities should be developed near existing cities so that social infrastructure...

Amet
Projects

Project: Joint maritime professionals launched

by Fiinews
July 5, 2025
0
12

Harassment issues at sea discussed at Chennai summit An MoU between AMET University and Arizona State University has been launched...

Tamta Infra

Tender: Minister wants innovation in projects

July 5, 2025
13
Pm Modi Port Of Spain

Projects: PM discuss potential collaboration in T&T

July 5, 2025
13
Logisticsuav Flying Dassault Systemes

Project: Raphe mPhibr adopts French platform tech

July 5, 2025
11
SIDM

Project: DAC accords AON for defence products

July 5, 2025
15
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
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    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

  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector
  • Tender: Minister wants innovation in projects

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.