Second Programmatic Electricity Distribution Reform DPL for Rajasthan (WB-P159669)

Regions
  • South Asia
Where the impacts of the investment may be experienced.
Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Rajasthan
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
  • 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
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
Jul 5, 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 Republic of India
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Law and Government
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)
$ 250.00 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 @ WB website

Updated in EWS Mar 29, 2019

Disclosed by Bank Jan 23, 2018


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Project Description

The purported objectives of the project are to improve the performance of the electricity distribution in the state of Rajasthan. The operation supports the state Government's efforts to create a sustainable and commercially oriented electricity distribution sector. The operations supported under this program consist of three pillars, which are:

(a) Strengthening the Governance Framework: Measures supported under this pillar seek to provide more operational autonomy to the utilities, institute employee accountability for utility performance, and strengthen the corporate governance framework of the utilities.

(b) Enhancing policies to Restructure its Finances: The policy reforms supported under this pillar are aimed at bringing financial sustainability to the electricity distribution sector.

(c) Improving Operational Performance: Measures under this pillar are aimed at improving enhancing transparency in energy consumption, reducing losses and modernizing the monitoring and control of the distribution network.

This is a World Bank development policy loan.

Investment Description
  • World Bank (WB)
Contact Information

World Bank
Contact: Mr. Rohit Mittal
Title: Senior Energy Specialist, World Bank
Tel: +91 11 4924 7000
Email: rmittal@worldbank.org

Contact: Mr. Frederico Gil Sander
Title: Lead Economist, World Bank
Tel:
Email: fgilsander@worldbank.org

Borrower/Client/Recipient
Contact: Ms. Bandana Preyashi
Title: Director (MI), DEA, Ministry of Finance
Tel: +91-11-23092345
Email: bandana.preyashi@gov.in

Implementing Agencies
Contact: Mr. Sanjay Malhotra
Title: Principal Secretary (Energy), Government of Rajasthan
Tel: +91 141 274 0118

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.