WB fires Rs. 2,100-cr in hydro power

In a recent move, the World Bank has committed to finance the rehabilitation of 250 dams in seven states across India entailing an investment of Rs. 2,100cr, which has already been sanctioned by the Bank. Among others, the multilateral lending body has set aside Rs. 200-cr to repair and rehabilitate two dams and three barrages in Uttarakhand. The targeted funds would be invested in the rehabilitation work of the five hydrogenation units to be completed in three years. In the international conference on safety of dams, where the decision was taken on this score, UJVNL has called the dam engineers and academic experts from civil engineering from different parts of the country as well as abroad to share their experience on the issue of renovation, repair, and rehabilitation of the dams. The conference organized by UJVNL, in association with Indian Institute of Technology Roorkee (IIT-R), saw participation of 400 hydro power experts, including 50 foreign participants from countries like Japan, France, and Germany.