Madhya Pradesh Bridges Project (NDB-madhyapradeshbridgesp)

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
  • 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
Sep 18, 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
  • 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)
$ 175.00 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)
$ 250.00 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 Mar 21, 2019


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Project Description

According to the bank website, "the objective of the Project is to tackle the weak links of the road network, the bridges of Madhya Pradesh State, to realize the full benefits of upgrading the State Highways and Major Districts Roads, through constructing and upgrading about 350 bridges in Madhya Pradesh. The length of the proposed bridges varies from 8 meters to 780 meters with different span arrangements across minor rivulets and major rivers. The Project will ultimately contribute to improving Madhya Pradesh State’s connectivity of the current rural interior.The proposed NDB loan through the modality of Sovereign Multi-tranche Financing Facility will be used by the Government of India for on-lending to the State Government of Madhya Pradesh, to reconstruct selected bridges that are weak, narrow and accident-prone, with the majority built more than 40 years ago and past the design life."

Investment Description
  • New Development Bank (NDB)

Co-financing:

Government of Madhya Pradesh US$ 75 million

Contact Information

No contact information available at the time of disclosure.