DRIP-2

The World Bank recently approved 250 million USD to improve performance of existing dams in India and to improve their safety. The funds have been allocated to the DRIP-2, the second Dam Rehabilitation and Improvement Project. The allocated funds are to be utilised to strengthen 120 dams in the country. What is DRIP? DRIP is ..

Month: Current Affairs - December, 2020

Category: Economy & Banking Current Affairs • International Current Affairs

Topics: Central Water Commission • dam rehabilitation • Dam Rehabilitation & Improvement Project • Dam rehabilitation and Improvement Project • Dam Safety • DRIP • DRIP-2 • india-world bank • World Bank

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 ..

Month: Current Affairs - March, 2019

Category: Government Schemes Current Affairs

Topics: Central Water Commission • Dam rehabilitation and Improvement Project • DRIP • Hirakud Dam • Karnataka • Kerala • Ministry of Water Resources River Development & Ganga Rejuvenation • Odisha • Tamil Nadu • Uttarakhand • World Bank

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 ..

Month: Current Affairs - September, 2018

Topics: Cabinet Decisions • CCEA • Dam rehabilitation and Improvement Project • Dam Safety • Government Schemes • National • Odisha • World Bank