Friday, August 7, 2009

Word Bank sanctions USD 330 mn loan for Haryana


Word Bank sanctions USD 330 mn loan for Haryana

New Delhi, Aug 7 (PTI) The World Bank today said it will lend USD 330 million to Haryana for strengthening power transmission and distribution system.

"World Bank has approved USD 330 million (Rs 1,650 approximately) to strengthen electricity transmission and distribution system in Haryana by way of Haryana Power System Improvement Project," the agency's statement said.

Haryana Power System Improvement Project aims to improve the availability, efficiency and accountability of electricity supply in the state.

The project will enable the state's electricity transmission and urban distribution business to become more efficient, cost-effective and responsive, it said.

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