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India Signs Loan Agreement with World Bank
August 31 , 2018
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- Central Government along with Government of Rajasthan has signed $250 million Development Policy Loan (DPL) agreement with World Bank for Electricity Distribution Sector Reforms in Rajasthan.
- The loan will be provided by World Bank’s lending arm International Bank for Reconstruction and Development (IBRD).
- Key areas that the programme will support include, strengthening governance in the distribution sector by establishing annual performance MoUs between the DISCOMs and the State Government.
- Also, to address the concerns of affordability and access to electricity for the poor, and supports the Government of India's Domestic Efficient Lighting Program (DELP).
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