Original disclosure @ MIGA website
Updated in EWS Oct 13, 2022
Disclosed by Bank Jun 30, 2022
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According to MIGA, This Early Disclosure covers a proposed investment by commercial lenders yet to be identified (the Guarantee Holders) for their non-shareholder loan to the Indian state-owned enterprise Dedicated Freight Corridor Corporation of India Limited (DFCCIL) to finance design and construction to help complete the Sahnewal[Ludhiana]-Khurja section and Bhaupur[Kanpur]-Deen DayalUpdadhyay[Mughalsarai]section of the Eastern Dedicated Freight Corridor, and the last mile connectivity of freight corridor to multimodal logistics terminals (the Project). The World Bank's fourth loan (the "Rail Logistics Project", WB Project ID P177856) to DFCCIL is being proposed in concomitant with the MIGA-covered loan.
Disclaimer: Through this Early Disclosure, MIGA provides access, early in the environmental and social assessment process, to the Environmental and Social Impact Assessment (ESIA) and associated environmental and social management documents. These documents have been prepared by the DFCCIL and should not be taken as an indication that MIGA has completed its review of the potential investment. The purpose of this Early Disclosure is to enhance the transparency of MIGA's activities with reference to those projects or investments that are categorized as Category A under MIGA's Policy on Environmental and Social Sustainability (2013). This document should not be construed as presuming the outcome of the decision by MIGA's Board of Directors. In addition, prior to any consideration of the investment by MIGA's Board of Directors, the Summary of Proposed Guarantee (SPG) and the Environmental and Social Review Summary (ESRS) would be disclosed at least 60 days in advance. The following Early Disclosure is disclosed in accordance with MIGA's Access to Information Policy (2013).
The Project is Category A under MIGA's Policy onEnvironmental and Social Sustainability (2013).
No contact information provided at the time of disclosure.
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://www.miga.org/contact/access_to_information
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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