Second Rural Connectivity Investment Program - Tranche 2 (ADB-48226-004)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Madhya Pradesh
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
Approved
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.
Voting Date
Sep 12, 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
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Transport
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)
$ 110.00 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)
$ 110.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Sep 13, 2018


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Project Description

According to the bank website, "the Second Rural Connectivity Investment Program will improve about 12,000 kilometers (km) of rural roads in the states of Assam, Chhattisgarh, Madhya Pradesh, Odisha, and West Bengal. To meet the development priorities of the state of Madhya Pradesh, the Madhya Pradesh Rural Road Development Authority (MPRRDA) carried out advanced project preparation for tranche 2 of the MFF and obtained the Ministry of Rural Development approval for ADB financing on 30 January 2018. The government proposed that tranche 2 cover only Madhya Pradesh and finance the upgrading of at least 2,800 km rural roads in the state of Madhya Pradesh. In addition, it will support the training of 500 Pradhan Mantri Gram Sadak Yojana (PMGSY) engineers and will support road safety audits on the project roads."

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Heriawan, Andri
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD

Executing Agencies
-Government of Madhya Pradesh
Madhya Pradesh Road Devt Corporation
16-A, Arera Hills Bhopal - 462 011, India
-Ministry of Rural Development
Krishi Bhawan
New Delhi 110001 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