- The loan of USD 135 million loans was approved for the same.
- The funds will be used to strengthen distribution networks, smart-grid technologies and bring financial sustainability to the state’s electricity distribution companies.
- The loan will be having a maturity of 17 years, including a grace period of 7 years.
- The funds will be used for West Bengal Electricity Distribution and Grid Modernization Project. The project will work to reduce losses and enhance capacity in the electricity distribution network.
- Static Part:
- HQ of IBRD: Washington DC, US
Question:
a. Karnataka
b. Punjab
c. Maharashtra
d. West Bengal