The Andhra Pradesh government would soon approach the World Bank for financial assistance for its road upgradation projects in various parts of the state, especially in rural areas. The state government plans to seek a Rs 1,000-crore credit line from the World Bank once the proposal receives approval from the state cabinet
Tag: World Bank
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TN gets World Bank’s aid for road project
For the second phase of Tamil Nadu Road Sector Project, the State government has obtained approval of the World Bank and the Central government, said Finance Minister O Panneerselvam, while presenting the State budget for 2013-14 in Chennai on March 21. Under this project, a total of 1,678 km of roads will be strengthened and widened.
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Cuttack-Chandbali h’way project in Odisha to take off now
Work on the much delayed Cuttack-Chandbali State highway expansion project in Odisha is all set to take off. The road project has been funded by the World Bank. The 106-km long and Rs 800 crore worth highway expansion project mooted in 2006 had failed to make a headway due to land acquisition problems.
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World Bank agrees to lend Rs 11.6 bn for transport project
The Rs 2,403 crore second phase of the Kerala State Transport Project (KSTP) received partial funding from the World Bank. The multilateral lending agency signed a loan agreement with the Department of Economic Affairs to make available Rs 1,166 crore for the project. Under the second phase, the Kerala government would develop 367 km of state highways spread over eight
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World Bank grants Rs 1,166 cr for Kerala roads
The Kerala government has entered into an agreement with the World Bank where they have granted Rs 1,166 crore to the State road development programme. The State PWD Minister VK Ebrahim Kunju informed that out of the total Rs 2,403 crore, the World Bank has sanctioned almost half.
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World Bank approves Rs 3.7 bn project
The Rs 373 crore Cuttack-Chandabali Road project, which is one of the biggest road projects to be implemented in Odisha, received approval from the World Bank. For a long time, Odisha government was pursuing the clearance of the road project with the centre and the World Bank
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Himachal’s plea to World Bank over delayed road project
For building the much delayed 80-km Theog-Hatkoti road in Shimla area, the Himachal Pradesh government has requested the World Bank to allow it to invite fresh global tenders. The State dumped Longijian Road and Construction company of China for slow work on the Rs 226-crore project. The road was to be completed in 2013. Only 20 per cent of the work is completed till now.
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Himachal’s plea to World Bank over delayed road project
For building the much delayed 80-km Theog-Hatkoti road in Shimla area, the Himachal Pradesh government has requested the World Bank to allow it to invite fresh global tenders. The State dumped Longijian Road and Construction company of China for slow work on the Rs 226-crore project. The road was to be completed in 2013. Only 20 per cent of the work is completed till now.
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World Bank lends $60 mn for water project
World Bank agreed to lend $60 million for the Karnataka Watershed Development Project II (KWDP II), which aims to improve watershed planning and management in project areas. An agreement to this effect was signed between the World Bank and the state government. To be implemented across seven districts of Karnataka, the project will improve government wate
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Odisha’s mineral sector gets offer for aid from World Bank
Odisha State Director of Mines Deepak Mohanty informed reporters that a visiting delegation of the World Bank offered to provide technical assistance for development of mineral sector in the state. The multilateral body would provide support in the field mineral concession agreement, renewal of mining leases, grant of mining leases, socio-economic and envir