Dam rehabilitation and Improvement Project Current Affairs - 2020

Loan Agreement signed for Dam Rehabilitation and Improvement Project

The World Bank, Government of India and representatives from the states of Karnataka, Kerala, Odisha, Tamil Nadu and Uttarakhand signed Loan Agreement for additional financing of $137 Million for the Dam Rehabilitation and Improvement Project (DRIP) that will help rehabilitate and modernize over 220 selected large dams. This additional funding of $137 million will be Read More…

CCEA approves Revised Cost Estimate of Dam rehabilitation and Improvement Project

Cabinet Committee on Economic Affairs (CCEA) has approved Revised Cost Estimate of Dam Rehabilitation and Improvement Project (DRIP). It has been increased to Rs. 3,466 crore from earlier Rs. 1968 crore. CCEA also gave approval for two-year time extension for project from July 2018 to June 2020. Revised Funding pattern Out of total revised cost Read More…