Clean Ganga PPP (IFC-601273)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
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
Jan 15, 2017
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.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.74 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 @ IFC website

Updated in EWS Mar 29, 2019

Disclosed by Bank Jan 30, 2018


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Project Description

IFC will provide transaction advisory support to the National Mission for Clean Ganga, Ministry of Water Resources, River Development, and Ganga Rejuvenation (MOWR), and the municipal water supply & sewerage services corporations (Jal Nigams) in Haridwar, Varanasi and Mathura . This support will include helping the Government of India select private partners to finance, construct, operate, and maintain sewerage treatment plants for municipal waste-water in the three cities. The partners will be selected through a transparent and competitive bid process.

People Affected By This Project

The project is expected to improve the management and treatment of waste-water in three cities along the Ganga basin. This will contribute to the Government of India’s Namami Gange Program by helping reduce the flow of pollution into the Ganga River, and benefit people living near the river front in these cities.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/