World Bank offers ₹960 cr to modernise 220 dams in 6 states
The World Bank has provided additional financing of $137 million (nearly ₹960 crore) for the Dam Rehabilitation and Improvement Project (DRIP) to rehabilitate and modernise over 220 selected large dams in six states. The dams are located in Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu and Uttarakhand. Previously, the bank approved $350 million to finance DRIP in 2010.