Madhya Pradesh Rural Connectivity project (WB-P157054)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
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
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
Mar 15, 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
Ministry of Finance
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.
Loan Amount (USD)
$ 210.84 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)
$ 502.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Mar 23, 2018

Disclosed by Bank Apr 11, 2016


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Project Description

The development objective of the Madhya Pradesh Rural Connectivity Project for India is to improve durability and enhance resilience to climate changes of the gravel surfaced rural roads in Madhya Pradesh while building the capacity of the state to manage its rural road network and road safety. 

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)

Financing Source Amount
Asian Infrastructure Investment Bank 140.56
Borrower 150.60
International Bank for Reconstruction and Development 210.84
Total Project Cost 502.00

Contact Information

World Bank
Mesfin Wodajo Jijo
Sr Transport. Spec.

Rakhi Basu
Transport Specialist


Borrower/Client/Recipient
Department of Economic Affairs,
Ministry of Finance Rishikesh Singh Director (MI)
rishikesh.singh74@nic.in

Implementing Agencies
Madhya Pradesh Panchayat and Rural Development Department
Aniruddh D. Kapaley
Engineer in Chief, Rural Engineering Services
ad.kapaley@pmgsy.nic.in

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.