BUSINESS

India, World Bank sign 250 million dollar project to make existing dams safe and resilient

India, World Bank sign 250 million dollar project to make existing dams safe and resilient


FILE PIC



India and World Bank have signed 250 million dollar project to make existing dams safe and resilient. The Government of India, the Central Water Commission, government representatives from 10 participating states and the World Bank signed the project for long-term dam safety program. The project will be implemented in approximately 120 dams across the states of Chhattisgarh, Gujarat, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Odisha, Rajasthan, and Tamil Nadu, and at the national level through the Central Water Commission.

Other states or agencies may be added to the project during project implementation. Ministry of Finance in a statement said that the Second Dam Rehabilitation and Improvement Project (DRIP-2) will strengthen dam safety by building dam safety guidelines, bring in global experience, and introduce innovative technologies. Another major innovation envisaged under the project , is the introduction of a risk-based approach to dam asset management. it will help to effectively allocate financial resources towards priority dam safety needs.





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button