Question : FINANCIAL AID FROM WORLD BANK AND ADB FOR POWER PROJECTS



(a) whether the World Bank and Asian Development Bank have shown keen interest in jointly financing certain power projects;

(b) if so, the details of the proposals received from the World Bank and the Asian Development Bank in this regard; and

(c) the number of power projects proposed to be set up in Bihar with assistance from the Asian Development Bank?

Answer given by the minister

THE MINISTER OF POWER ( SHRI ANANT G. GEETE )

(a) & (b) : World Bank and Asian Development Bank have not proposed to jointly finance any Power Project in the country.

(c) : Purnea sub-station in Bihar is being constructed by Power Grid Corporation of India Limited with the assistance from the Asian Development Bank. The Sub-Station is targeted for commissioning in March, 2003.