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World Bank India

2012-10-31 source http://www.worldbank.org

India – Himachal Pradesh State Roads Project [Additional Financing]

 Washington DC, October 25, 2012—The World Bank's Board of Executive Directors today approved the following project.

IBRD Loan: US$61.7 million
Terms: Maturity = 18 years; Grace = 5 years
Project ID: P130616

Project Description: The objective of the project is to reduce transport costs and to improve traffic flows on priority segments of the core road network of Himachal Pradesh.