(a) whether the Power Grid Corporation of India received $450 million loan
assistance from the World Bank for various projects;
(b) if so, the details thereof;
(c) whether projects for which loan was sanctioned have been completed;
(d) if not, the reasons therefor and the present status of these projects; and
(e) the time by which these projects are likely to be completed?
THE MINISTER OF STATE IN THE MINISTRY OF POWER ( SHRIMATI JAYAWANTI MEHTA )
(a) & (b) : Power Grid Corporation of India Ltd. (PGCIL) signed an agreement with
World Bank on 13th June, 2001 for a loan of $ 450 million (PSDP-II Ln.4603 IN). The
loan has become effective from 21.11.2001 and will close on 30.06.2006.
(c) to (e) : Some of the projects covered by this loan have been completed. The
status of the projects implemented/being implemented by PGCIL under this loan is
indicated at Annex.