Status: Approved
Timeframe: 2022-2027
Area: All across India
AIIB Investment Amount: US$ 250 million
Total Project Cost: US$ 713.41 million
Co-financier: World Bank
E&S Category: A
Project Details: The project aims to improve the safety and operational performance of selected dams across the country, along with institutional strengthening. Planned is the comprehensive rehabilitation of 736 existing dams.
Resettlement: According to local CSOs multiple of the target dam projects are linked to resettlement and land acquisition legacy issues lasting until today, like for example the controversial Bhakra Dam. The World Bank’s appraisal Environmental and Social Review denies the existence of any legacy issues from the time of construction of any of the dams attached to the project.
Organizations monitoring: Environics Trust - Bankwatch, June 2022. Published by the NGO Forum on ADB.
AIIB interactions to date: None so far.
Further information: AIIB Page
Last update: 31.12.2023
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Campaigns on Multilateral Development Banks
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Dr. Dustin Schäfer
Team Lead Campaigns Multilateral Financial Institutions
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