- The WB has also approved a USD 815 million financing package for the 1,125-Megawatt (MW) Dorjilung Hydropower Project in Bhutan.
Approval of Rs.5,700 crores to Jal Sanrakshit Haryana Project:
Implementation: The funds will be disbursed in phases from 2026 to 2032, facilitating long-term planning and execution of various water management components.
Canal Restoration: Out of 1,570 main canals in Haryana, 892 have already been restored, and the remaining 678 are planned to be completed within the five years.
Minor Canal Restoration: Out of 15,562 minor canals managed by the Micro Irrigation & Command Area Development Authority, 4,487 have been restored over the past 20 years, while the remaining 1,961 minor canals are planned for restoration over the next five years.
Micro-Irrigation Expansion: With World Bank(WB) funding of Rs.900 crore, micro‑irrigation systems will be installed across approximately 70,000 acres of agricultural land in Haryana.
Approval of USD 815 million for Dorjilung Hydropower Project:
Overview: The WB has approved a USD 815 million long‑term financing package for the 1,125 MW Dorjilung Hydropower Project in Bhutan, a Public Private Partnership(PPP) in which Tata Power Company Limited(TPCL) holds a 40 % stake and Bhutan’s Druk Green Power Corporation (DGPC) holds the remaining 60 % in the Special Purpose Vehicle (SPV) implementing the project.
Financing Structure: The USD 815 million financing package includes a USD 150 million grant and a USD 150 million credit from the International Development Association (IDA), along with a USD 15 million enclave loan from the International Bank for Reconstruction and Development (IBRD) to DGPC, the Government of Bhutan’s entity.
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