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16 Nov 2022
India: Uttaranchal Power Sector Investment Program – Tranche 1
The multitranche financing facility (MFF) aimed to contribute to the economic development in Uttarakhand and India’s northern region through expanded power supply at competitive prices. Tranche 1 focused on (i) constructing new small hydropower plants (SHPs); (ii) renovating, modernizing, and upgrading existing hydropower plants; (iii) developing a hydrometeorological monitoring network (HMN); and (iv) designing a state-level power trading company.
This report validates the completion report's assessment of Tranche 1. IED overall assessment: Successful.
