WB clears $175-mn for hydro project

World Bank Hydro Project
In a major booster to the hydro project in the country, the World Bank has recently approved $175 million (Rs. 3,679cr) for India's National Hydrology Project for strengthening the capacity of existing bodies to assess the water situation and equip them with real-time flood forecast systems across the country. The funds, apart from helping states that have already benefited from the earlier projects to further upgrade and complete their monitoring networks, the national project will also help new states to manage water flows from the reservoirs in a better way. In addition, the move will also help reduce the vulnerability of many regions to recurring floods and droughts as absence of real-time ground information for the entire country creates difficulties in issuing alerts on time. The latest approval of funds by the multilateral lending body followed from the success of India's earlier projects - Hydrology Project-I and Hydrology Project-II - which had led to real-time flood forecast systems, integrated with weather forecast in two large river systems (Krishna in South India and Sutlej-Beas in North-West India), to give reservoir managers an accurate picture of the water situation in their respective region. This national project will now scale up the successes achieved under HP-I and HP-II to cover the entire country, including the states of Ganga, and Brahmaputra Barak basins, said World Bank's country director in India, Junaid Ahmad.

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