World Bank to provide loan facility to Rajasthan for improving performance of its electricity distribution sector
The World Bank (WB) will provide a $250 million loan facility to Rajasthan for improving the performance of its electricity distribution sector under the 24×7 Power for All program. For this, an agreement was signed among the Government of India, the Government of Rajasthan and the World Bank. The key areas that the programme will support include strengthening governance in the distribution sector by establishing annual performance MoUs between the DISCOMs and the State Government. To address the concerns of affordability and access to electricity for the poor, the program also supports the Union Government’s Domestic Efficient Lighting Program (DELP), under which more than 15 million LED lamps have been distributed in the State.
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