Rajasthan Secondary Towns Development Investment Program - Facility Concept (ADB-42267-028)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Rajasthan
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 Development Bank (ADB)
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
B
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
  • Infrastructure
  • 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)
$ 500.00 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)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 26, 2018

Disclosed by Bank Sep 25, 2018


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Project Description

According to the bank website, "the proposed multitranche financing facility (MFF) for the Rajasthan Secondary Towns Development Investment Program (RSTDIP) will complement past and ongoing efforts of the Government of Rajasthan (GOR) to improve infrastructure, management, and performance of urban services to 2.5 million residents of Rajasthan. The RSTDIP is estimated to cost $715 million with the MFF amount of $500 million to be provided in two equal tranches."

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Pokhrel, Neeta
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Executing Agencies Local Self Government Department (LSGD)
Urban Governance,Government Secretariat
Jaipur - 302005, Rajasthan, India

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main