India: Karnataka Rural Water Supply Project (AIIB-000329)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Mandya and Vijayapura districts
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
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.
Borrower
Government 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)
$ 400.00 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)
$ 571.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jan 28, 2020


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Project Description

According to bank documents, "The project objective isto provide reliable, sustainable and safe drinking water supply to the rural communities and selected urban local bodies in Mandya and Vijayapura districts."

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

AIIB
Guoping Zhang
Senior Investment Officer –Water,
guoping.zhang@aiib.org

Borrower
Dr. Prasanna V. Salian
Deputy Secretary, Department of Economic Affairs, Ministry of Finance, Government of India
pv.salian@nic.in

Implementing Agency
Dr. Vishal Ravi
Commissioner, Rural Drinking Water and Sanitation Department, Government of Karnataka
krwssd@gmail.com