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Tag Archives: World Bank

Indian power sector faces $27 bln in annual losses : World Bank

New Delhi, 24 June-2014(Reuters): India’s power sector faces annual losses of $27 billion by 2017 unless sweeping reforms are taken to tackle inefficient subsidies, theft and political meddling in utility companies, the World Bank said on Tuesday. Indian power sector faces $27 bln in annual losses : World Bank Prime …

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$53 Million Credit Approved For Odisha Disaster Recovery Project

Odisha, Feb 23, Abhijit Saha: The World Bank Board of Executive Directors has approved a credit of $153 million to the state of Odisha in India today. This credit is approved to help the state build disaster resilient houses as well as strengthen its capacity for disaster risk management after the severe …

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