Government of India will provide a financing facility worth USD 200 million (about Rs1600 crore) through the World Bank for the “Himachal Pradesh Power Sector Development Program”.

Banking & Finance

Government of India will provide a financing facility worth USD 200 million (about Rs1600 crore) through the World Bank for the “Himachal Pradesh Power Sector Development Program”. With the State equity the total program cost will be approximately Rs2000 Crore. The Program duration will be of five years, from year 2023 to 2028. This Program aims to undertake holistic power sector reforms in a manner to allow for improvements in the renewable energy integration in the State.


      World Bank Founded- July 1944

      HQ- Washington, DC, United States

      President- David Malpass

 

     


          ____________________________