Bihar Rural Roads Project (India) (NDB-biharruralroadsprojec)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
State of Bihar
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
  • New Development Bank (NDB)
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
May 28, 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
The Republic of India
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • 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)
$ 350.00 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)
$ 500.00 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 @ NDB website

Updated in EWS Jul 19, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the website of New Development Bank (NDB), the objective of 'Bihar Rural Roads Project'  is helping the State of Bihar to enhance local connectivity and improve the state’s transportation infrastructure through constructing and upgrading rural roads with total length of 4,000 km, spreading across 26 districts in the state. The NDB will support the Project through a Multi-tranche Financing Facility with a total loan amount of USD 350 million.

Investment Description
  • New Development Bank (NDB)
Contact Information

No contact information provided at the time of disclosure.