West Bengal Major Irrigation and Flood Management Project (AIIB-000054)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 1, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Republic of India
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 145.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 145.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 413.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ AIIB website

Updated in EWS Feb 26, 2018

Disclosed by Bank Dec 6, 2017


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Project Description

The project aims to optimize the joint use of surface and ground water for agriculture and reduce flooding. It hopes to improve irrigation and agriculture in the Damodar Valley Command Area and reduce flooding in the Lower Damodar subbasin area.

The project consists of the following four components:

1) Irrigation Modernization.  The investment would include: (i) improving water conveyance and allocation and increasing storage potential; and (ii) strengthening institutions that are responsible for irrigation management.

2) Water Resources Management. The investment would mitigate flooding hotspots by carrying out channel desilting works, flow regulation structure modification and embankment reconstruction at key locations. In close collaboration with the World Bank-funded Dam Rehabilitation and Improvement Project, the investment would also include measures to strengthen forecasting and analysis capability to improve dam operation and water storage management in upstream reservoirs. 

3) Command Area Development. This component includes infrastructure development, capacity strengthening, and institutional reforms for improving irrigation at tertiary command level.

4) Project Management and Institutional Development. This component would support strengthening of the capacity for project management of both the IWD and the Project Management Unit on financial management, procurement, etc.

The World Bank will be the lead co-financier of this project and its environmental and social safeguard policies will apply.

The expected project implementation period is September 2018 – September 2025.

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
Contact Information

Asian Infrastructure Investment Bank (AIIB)
Mr. Chuanzhi Su
Project Team Leader/Senior Investment Operations Specialist
Tel: +86 10 8358 0176
E-Mail: csu@aiib.org

World Bank
Mr. IJsbrand H. de Jong
Task Team Leader/Lead Water Resources Specialist
Tel: +91 11 4924 7843
E-Mail: idejong@worldbank.org

Borrower
Ms. Bandana Preyashi
Director
Department of Economic Affairs, Ministry of Finance, Republic of India
E-Mail: bandana.preyashi@gov.in

Implementation Agency
Mr. Debasish SenGupta
Joint Secretary
Irrigation & Waterways Department, Government of West Bengal
Tel: +91 94 3321 6743
E-Mail: jsworkswbiwd@gmail.com

ACCOUNTABILITY MECHANISM OF AIIB

In addition, the AIIB has a Bank Oversight Mechanism. According to AIIB's policies, "people who believe they have been or are likely to be adversely affected by a failure of the Bank to implement the ESP may also submit complaints to the Bank's oversight mechanism in accordance with the policies and procedures to be established by the Bank for such mechanism." However, at the time of writing, it is unclear what the exact scope and function of this Oversight Mechanism will be.