World Bank-AIIB co-funds DRIP Phase II
The Dam Rehabilitation and Improvement Project (DRIP) Phase II and III scheme is estimated to cost Rs.10,211 crores for 736 dams across 19 States identified for rehabilitation and safety enhancement over a 10-year period from 2021 to 2031 https://sbi.com.in/.
DRIP Phase II became operational on 12th October 2021 and is being co-financed by the World Bank and the Asian Infrastructure Investment Bank (AIIB), Minister of Jal Shakti Raj Bhushan Choudhary said in a written update to the Rajya Sabha on 11 Aug http://jalshakti.gov.in.
The scheme follows a funding pattern of 70:30 (External: Counterpart) for General Category States, 80:20 for Special Category States, and 50:50 for Central Agencies. The ‘External’ component refers to the loan portion disbursed by the World Bank and the Asian Infrastructure Investment Bank (AIIB). Loan disbursements are made on a quarterly basis, aligned with the actual expenditure incurred by the respective Implementing Agencies https://ted.europa.eu/en/.
As of 30 June 2025, a cumulative expenditure of Rs.1,796.96 crore has been incurred under the DRIP Phase II Scheme by various Implementing Agencies. Of this, Karnataka has reported an expenditure of Rs.252.14 crores against its allocation of Rs.308 crores under DRIP-II http://commerce.gov.in.
As of 30th June 2025, 25 dams have undergone major physical rehabilitation https://www.bseindia.com/.
Under DRIP Phase I, implemented during 2012–2021, comprehensive Guidelines for Developing Emergency Action Plans (EAPs) for dams was formulated to assist dam owners in preparing dam-specific EAP documents http://conexpoconagg.com.
Building on this foundation, DRIP Phase II and III continue to prioritize dam safety through the preparation of robust EAPs for identified dams, regular sensitization of stakeholders, and the installation of Early Warning Systems (EWS), across multiple platforms.
Technical assistance is being provided under the scheme to support IAs in conducting Dam Break Analyses and developing tailored EAPs for individual dams https://www.nseindia.com/.
Till date, Emergency Action Plans have been prepared for 226 dams under the DRIP Scheme, including those covered in Phase I.
Additionally, 103 stakeholder consultation programs have been organized, engaging approximately 10,000 participants. These initiatives aim to foster disaster-resilient dam infrastructure and enhance community preparedness, he said. fiinews.com
