India - Northern Region Transmission Project

Document of The World Bank FOR OFFICIAL USE ONLY 4v 32 3' 7 - /A/ Report No. P-5196-1 MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN IN AN AMOUNT EQUIVALENT TO US$485 MILLION TO INDIA FOR THE NORTHERN REGION TRANSMISSION PROJECT JUNE 4, 1990 This document has a restricted distribution and may be used by recipients only in the performance of their officisi duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS Currency Unit = Rupees (Rs) Rs 1.00 = Paise 100 US$1.00 = Rs 17.00 Rs 1,000,000 = US$58,823 MEASURES AND EQUIVALENTS 1 Kilovolt (kV) = 1,000 volts (V) 1 Kilovolt ampere (kVA) = 1,000 volt-amperes (VA) 1 Megavolt Ampere (MVA) = 1,000 kilovolt ampere (kVA) 1 Megawatt (MW) = 1,000 kilowatts (kW) = 1 million watts ABBREVIATIONS AND ACRONYMS CEA - Central Electricity Authority GOI - Government of India NHPC - National Hydroelectric Power Corporation NJPC - Nathpa Jhakri Power Corporation NPTC - National Power Transmission Corporat3on NTPC - National Thermal Power Corporation NREB - Northern Region Electricity Board NRLDC - Northern Region Load Dispatch Center Fiscal Year April 1 - March 31  FOR OFFICIAL USE ONLY INDIA NORTHERN REGION TRANSMISSION PROJECT Loan and Project Summary Borrower: India, acting by its President. Beneficiaries: National Hydroelectric Power Corporation (NHPC). Amount: US$485 million equivalent. Terms: Repayment over 20 years, including 5 years' grace, at the Bank's standard variable interest rate. Onlending Terms: Government of India (GOI) to NHPC, approximately US$430 million, with repaymernt over 15 years, including three years' grace, at an interest rate of not less than 14Z per year. GOI bears the foreign exchange and interest rate risks. Financing Plan: IBRD US$ 485.0 million Japanese Grant Facility US$ 1.1 million NHPC US$ 86.3 million GOI US$ 607.4 million TOTAL US$1,179.8 million Economic Rate of Return: 152 Staff Appraisal Report: No. 8172-IN, dated June 4, 1990 Map: IBRD No. 21690 This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN TO INDIA FOR THE NORTHERN REGION TRANSMISSION PROJECT 1. I submit, for your approval, a proposal for a loan to India in an amount equivalent to US$485 million. The proposed loan, to help finance the Northern Region Transmission Project, will be issued at the standard IBRD variable interest rate, and will be repayable over 20 years including a five-year grace period. The Japanese Grant Facility is providing about US$1.1 million to finance consulting services. The Government is seeking additional cofinancing of about US$60 million for equipment. 2. Background. The Northern Region is the largest of India's five regional power systems. It includes the States of Haryana, Himachal Pradesh, Punjab, Rajasthan, Jammu and Kashmir, Uttar Pradesh, and the Union Territories of New Delhi and Chandigarh. The power system comprises about 16,000 MW of generating plant interconnected with load centers by heavily loaded 220 kV and 400 kV networks. The system extends 1,800 km from hydroelectric plants in the north to superthermal, pit-head plants in the southeast of the region. The peak load in the system is over 9,000 MW and is constrained by the available supply. Already the power system is nearly as large as some national systems, and if demand in the region grows at the predicted IOZ yearly rate, by 1995 the power system will be comparable in size to Sweden's power system today. However, it is growing much faster, at about four times the rate of Sweden's system, and as a result is much more difficult to manage. 3. Existing institutional arrangements call for the Northern Region Load Dispatch Center (NRLDC) in New Delhi to coordinate operation of the regional power system. Each state and each central government generating agency has its own area control organization. In practice, however, the system fails to achieve secure operation and economic dispatch for four main reasons: (a) not enough data are telemetered to make the NRLDC aware of what is happening on the system; this reduces its role to reviewing the execution of pre-arranged contracts and analyzing outages after they have occurred; (b) the member states of the Northern Region Electricity Board (NREB) often ignore prearranged contracts and take more than their share of power; (c) the structure of bulk tariffs and the linkage of power plant staff salaries to plant load factor inhibit economic dispatch of the power plants; and (d) there are no commercial arrangements for power trading. 4. As a result of the heavily loaded transmission network and the control deficiencies mentioned above, the power system operates with high losses and delivers expensive, poor quality, unreliable service to its customers. To derive full benefit from its investments in additional generation, GOI must: (a) provide adequate transmission line and substation capacity to allow power to flow as dictated by security and economic dispatch criteria; (b) upgrade information and control facilities for real- time monitoring of power system security and for informing members of the NREB of opportunities for economic power trading; and (c) set up commercial arrangements for Dower trading.  5. Initially, GOI conceived the proposed project to evacuate power from the Bank-financed Nathpa Jhakri plant under construction in Himachal Pradesh. Later, GOI expanded the project scope to include the major transmission links that will be required in the region over the next six or seven years, and the load dispatch system that will be needed to monitor and control the increasingly complex power system. The proposed project now provides for evacuating power from existing and proposed hydroelectric plants in Himachal Pradesh and Jammu and Kashmir. The transmission lines and substations included were defined in a least-cost transmission study prepared by the Central Electricity Authority (CEA) and reviewed by the Bank. The load dispatch and system control facilities were defined in a study prepared by NREB and reviewed by the Bank. These facilities will make It possible for the power system to operate in a manner consistent with security and economic dispatch criteria. 6. GOI has recently created an institutional vehicle for improving operation of the transmission system by iorming the National Power Transmission Corporation (NPTC). NPTC will be responsible for buildi.,g, maintaining, and operating regional transmission grids. An important goal of the proposed project will be to support development of the NPTC. In particular, the project will provide systems to facilitate the application of the tariff structure and commercial arrangements needed for economic dispatch and better quality service. 7. Rationale for Bank Involvement. The proposed project is consistent with the Bank's strategy of promoting improvements in India's power sector. This strategy involves the Bank working closely with bcth central sector entities and selected State Electricity Boards. Through its involvement with central sector entities, the Bank seeks to promote improvements in areas that are common to the sector or a large part of it. For example, the project will significantly reduce the cost of bulk power in the Northern Region, and will lead to better quality electricity and thus more effective use of available resources. In addition, the Bank's involvement with the project helped reduce NHPC's receivables and will support a financial recovery program for NEPC. This will lead to improved financial discipline in the sector. 8. The Bank perceived a need for better planning and increased investment in transmission when it approved the Rihand Transmission loan (Loan 2555-IN), which required CEA to produce a long-term transmission study. The proposed project is a logical follow-up to the transmission study since it provides some of the facilities recommended in the study to correct existing deficiencies. The technological and institutional developments pursued in the proposed project are likely to benefit the entire power sector: the Northern Region directly and the remainder of the country, by example. 9. Project Objectives. The primary aim of the proposed project is to improve the reliability, operating efficiency, and quality of service in the Northern Region power system. These improvements will be effected through the provision of: (a) transmission lines and substations to strengthen the interconnection of power plants and load centers; (b) a load dispatch system to monitor and control the power system; (c) a commercial  -3- framework to encourage better use of the available energy; and (d) a communication system to improve NHPC's corporate and project management. 10. Project Description, Costs, and Financing. The proposed project, which both NHPC and NREB will implement, will consist of two parts: (a) the construction of transmission lines and substations; and (b) strengthening of the regional dispatch system. NHPC's portion of the project consists of: (a) construction of 1,100 km of 400 kV double-circuit line, 325 km of 400 kV single-circuit line, 600 km of 765 kV single-circuit line, and 40 km of 220 kV single-and double-circuit line; (b) construction/modification of nine substations with a total capacity of 2,500 MVA; (c) installation of a satellite-based corporate communication system for NHPC; (d) consulting services for t,-ansmission line and substation design, inspection services, and training; and (e) compensatory afforestation. NREB's portion of the project consists of: (a) installation of a regional load dispatch and control system; (b) consulting services for design, procurement, and supervision; and (c) training. In parallel with the proposed project, GOI is actively considering two-part tariffs for bulk supplies from central utilities--to be introduced principally for NHPC and the National Thermal Power Corporation (NTPC). 11. The proposed project will be completed in about eight years and will cost about US$940 million. Interest during construction will add an additional US$185 million. The cost of the project includes about US$731 million of foreign exchange (62Z of the total). Schedule "A" presents the cost estimates and financing plan for the project. Schedule "B" presents the arrangements for procurement and disbursement. Retroactive financing of up to US$5.0 million will be provided for eligible expenditures after May 31, 1990. Schedules "C" and "D" provide a timetable of key project processing events and the status of Bank group operations in India. Map No. 21690 shows the geographic location and phasing of the project. A part of the proposed project is located in the state of Jammu and Kashmir, which is the subject of a territorial dispute between India and Pakistan. However, in making the proposed loan to India, the Bank does not intend to prejudice the final determination of the claims of the parties involved. Staff Appraisal Report No. 8172-IN, dated June 4, 1990, is being distributed separately. 12. Environment. The main environmental concerns related to the project include: (a) the removal of trees for transmission lii,e rights-of-way; and (b) the possible degradation of areas near transmission lines and substations by uncontrolled construction activities. NHPC is routing the transmission lines to avoid ecologically sensitive areas and historical/cultural features. 13. NHPC will have to clear about 780 hectares of forestland. To replace this land, NHPC will engage state forest departments in the planting of compensatory forests. GOI's present policy requires the planting of ten trees in degraded forestland for every tree removed. NHPC will take precautions to prevent the displacement of populations or loss of livelihood as a result of the land used for planting compensatory forests. The potential impact of construction activities will be controlled in two ways. First, the terms of reference for the consultants who will help design the lines and substations in the affected areas specifically require  -4- them to design the works in a way -%ich minimizes adverse environmental impacts. Second, the Bank will make sure that all pertinent bidding documents include clauses which require contractors to take the measures needed to protect the environment as well as the health and safety of personnel employed on the proposed project. 14. Agreed a%ctions. During negotiations, the government agreed to: (a) send for the Bank's review, at least three months prior to the proposed transfer, a detailed plan for the transfer of the transmission functions of NHPC and the implementation and system control functions of NREB to NPTC; (b) issue the remaining forest clearances for transmission lines in phases two (1990-95), and three (1991-98) by June 30, 1992 and October 31, 1993 respectively; and (c) send to the Bank, no later than December 31, 1991, terms of reference and a short-list of consultants to assist with the design, procurement, and installation of the load dispatch system, and sign a contract with the selected consultants io later than July 31, 1992. During negotiations, NHPC agreed to: (a) reduce its outstanding receivables from the present level of 11 months of billing to three months of billing by FY95 with annual targets for each of the intervening years; (b) take all measures necessary, including tariff adjustments, to earn a return on its average net fixed assets of not less than 11.5Z; and (c) establish commercial arrangements, satisfactory to the Bank, with the Nathpa Jhakri Power Corporation (NJPC) no later than one year prior to commissioning the line which will evacuate power from Nathpa Jhakri. 15. Benefits. The transmission lines and substations included in the proposed project form a part of the least-cost expansion program for transmission in the Northern Region. The internal rate of return for the time-slice of the regional program corresponding to the implementation period for the proposed project is estimated at 15Z. In addition to the benefits quantified in the rate of return calculation, the project provides systems to support tariff and commercial reforms which will yield significant benefits by creating incentives for more intensive use of available facilities. The project will introduce into India, for the first time, the use of 765 kV as a transmission voltage. The project also will provide knowledge on the design of high voltage lines at high altitude. This knowledge will become increasingly important as India develops its hydroelectric resources in the Himalayas. Finally, the initiatives to improve communication and project management in NHPC will directly reduce the final cost of the project and may indirectly benefit the entire sector by creating a good example. 16. Risks. The project carries higher than usual risks in two areas. First, there are technical risks associated with using a higher transmission voltage (765 kV) than the one used at present, and with using 400 kV lines at high altitud2c in icy conditions. Second, there is a risk of delay in completing the load dispatch component, as it is inherently complex and involves coordination among all the utilities of the Northern Region. NHPC is hiring consultants to help with the design of the 765 kV facilities and the 400 kV, high-altitude lines. The 765 kV voltage class and high-voltage, high-altitude lines have been in use for several years in a number of countries. NREB is hiring consultants to help supervise the design and installation of the load dispatch system. However, the success or failure of the system depends very much on the level of cooperation that  -5- can be achieved among the generating agencies of the states and the central government. This cooperation is expected to be forthcoming, particularly since the parties have jointly agreed on the principles outlined in the project report. 17. Recommendation. I am satisfied that the proposed loan complies with the Articles of Agreement of the Bank and I recommend that the Executive Directors approve it. Barber B. Conable President Attachments Washington, D.C. June 4, 1990  Schedule A INDIA NORTHERN REGION TRANSMISSION PROJECT Project Cost Summary Local Foreign Total -- US$ Million-------- Estimated Costs a/ Preliminary and Civil Works 31.4 3.1 34.5 Compensatory Afforestation 1.6 0.0 1.6 Transmission Lines 159.3 248.6 407.9 Substations 28.1 67.5 95.6 Tools and Equipment 1.1 4.2 5.3 Communications Equipment 1.4 4.1 5.5 Load Dispatch Equipment 36.3 34.1 7C.4 Training 0.6 1.7 2.3 Consulting Services 0.0 4.5 4.5 Engineering .!nd Administration 66.7 0.0 66.7 Total Base Costs 326.5 367.8 694.3 Physical Contingencies 24.4 38.1 62.5 Pr:.ce Contingencies 43.3 140.2 183.5 Total Project Cost 394.2 546.1 940.3 Interest During Construction 54.2 185.3 239.5 Total Financing Required 448.4 731.4 1,179.8 a.' Including taxes and duties of about US$132.1 million equivalent. Financing Plan Source Local Foreign Total ---- US$ Million-------- IBRD - 485.0 485.0 Japanese Grant Facility 0.0 1.1 1.1 NHPC 86.3 0.0 86.3 GOI 362.1 245.3 607.4 Total 448.4 731.4 1,179.8  -7... Schedule B Page 1 of 2 INDIA NORTHERN REGION TRANSMISSION PROJECT Summary of Procurement Arrangements U- s Million) it Procurement Method ICB LCB Other Total Preliminary and Civil Works 44.2 44.2 (-) (-) Compensatory Afforestation 1.9 1.9 Transmission Towers and Erection 241.0 21.6 262.6 (119.6) (-! (119.6) Transmission Line Materil-s 302.0 302.0 (212.2) (212.2) Substation Equipment 99.6 99.6 (81.2) (81.2) Substation Cables, Structures & Auxiliaries 19.5 19.5 -) *(-) Substa ion Erection 15.2 15.2 (5.4) (5.4) Corporation Communications Equipment 7.5 7.5 (5.8) .5.8) Load Dispatch Equipment and Software 75.1 25.7 100.8 (50.0) (-) (50.0) Tools and Equipment 7.2 7.2 (5.6) (5.6) Training and Consulting Services 6.8 6.8 (5.2) (5.2) Administration and Overheads 73.0 73.0 (-) (-) TOTAL 725.2 126.2 88.9 940.3 (468.8) (5.4) (10.8) (485.0) a/ Amounts include taxes and duties (US$132.1 million), and figures in brackets indicate the Bank financed portion. b/ Including consulting services, force account, administrative overheads and up to US$7.2 million worth of tools and equipment to be procured by Limited International Ridding (LIB).  -8- Schedule B Page 2 of 2 Disbursemqnts Category Amount Percentage Financing (US$) (1) Civil Works and Substation Erection 15,000,000 70? (2) Equipment, materials and erection of transmission lines 420,000,000 1002 of foreign expenditures and 1002 of local expenditures (ex-factory cost) (3) Consultants' Services and Training 5,000,000 100? (4) Unallocated 45,000,000 485,00J.000 Estimated Disbursements Bank Fiscal Year FY91 FY92 FY93 FY94 FY95 FY96 FY97 FY98 Annual 20.0 43.2 85.4 101.4 88.8 81.4 48.8 16.0 Cumulative 20.0 63.2 148.6 250.0 338.8 420.2 469.0 485.0  _g_ Schedule C INDIA NORTHERN REGION TRANSMISSION PROJECT Timetable of Key Processing Events (a) Time taken to prepare: Three years (b) Prepared by: National Hydroelectric Power Corporation Northern Region Electricity Board Central Electricity Authority (c) First Bank mission: July, 1985 (d) Appraisal mission departure: April, 1989 (e) Negotiations: May, 1990 (*f) Planned Date of Effectiveness: September, 1990 (g) Last relevant PCR: No. 7652 - India: Third and Fourth Power Transmission Projects (Credits 377-IN and 604-IN) - March 1989.  -10- SCHEDULE D PAGE 1 of 4 _______________ THE STATUS Cc BANK GROUP OPERATIONS IN INDIA -------------------------------------------- A. STATEMENT OF BANK LOANS AND IDA CREDITS (As of March 81, 1990) US3 Million (net of cancellations) Loan or Fiscal Year -------------------------------------- Credit No. of Approval Purpose IBRD IDA 1/ Undisbursed 2/ 72 Loans/ 4390.1 - 150 Credits fully disbursed - 10837.2 :172-IN 1982 Korba Thermal Power II - 400.0 29.73 1177-IN 1982 Madhya Pradesh Major Irrigation - 220.0 71.73 1178-IN 1982 West Bengal Social Forestry - 29.0 8.00 2076-IN 1982 Ramagundam Thermal Power II 280.0 - 23.58 1280-IN 1988 Gujarat Water Supply - 72.0 38.88 1288-IN 1983 Jammu/Kashmir and Haryana Social Forestry - 33.0 5.27 a/ 1319-IN 1983 Haryana Irrigation II 150.0 41.97 1332-IN 1983 U.P. Public Tubewelle II - 101.0 14.98 1368-IN 1983 Upper Indravati Hydro Power - 170.0 55.97 2278-IN 1983 Upper Indravati Hydro Power 168.4 - 156.01 1389-IN 1983 Calcutta Urban Development III - 147.0 91.82 2283-IN 1983 Central Power Transmission 250.7 - 173.09 2295-IN 1983 Himalayan Watershed Management 48.2 - 16.21 1383-IN 1983 Maharashtra Water Utilization - 32.0 6.55 2329-IN 1983 Madhya Pradesh Urban 18.1 - 7.27 1424-IN 1984 Rainfed Areas Watershed Dev. - 31.0 30.89 1428-IN 1984 Population III - 70.0 29.02 1432-IN 1984 Karnataka Social Forestry - 27.0 11.27 2387-IN 1984 Nhava Sheva Port 250.0 - 27.90 2393-IN 1984 Dudhichua Coal 109.0 - 29.07 2403-IN 1984 Cambay Basin Petroleum 213.5 - 75.98 2415-IN 1984 Madhya Pradesh Fertilizer 203.6 - 44.19 1464-IN 1984 Tamil Nadu Water Supply - 36.6 21.99 SF-12-IN 1984 Tamil Nadu Water Supply - 36.5 43.54 1488-IN 1984 Periyar Vaigai II Irrigation - 17.5 0.44 SF-1-IN 1984 Periyar Vaigal II Irrigation - 17.6 13.59 1483-IN 1984 Upper Ganga Irrigation - 126.0 108.75 1498-IN 1984 Gujarat Medium Irrigation - 172.0 110.84 2416-IN 1984 Indira Sarovar Hydroelectric 17.4 - 12.60 SF-20-IN 1984 Indira Sarovar Hydroelectric - 13.8 16.16 1613-IN 1986 Indira Sarovar Hydroelectric - 13.2 18.03 2417-IN 1984 Railways Electrification 279.2 - 89.54 2442-IN 1984 Farakka II Thermal Power 300.8 - 203.52 2462-IN 1984 Fourth Trombay Thormal Power 135.4 - 18.49 1502-IN 1984 National Cooperative Development Corporation III - 220.0 153.33 1514-IN ;98S Kerala Social Forestry - 31.8 20.70 1523-IN 1985 National Agric. Extension I - 39.1 38.83 1544-IN 1985 Bombay Urban Development - 138.0 120.79 __Fia_ dsuremns_engprcssd a/ Final disbursements being processed.  -11- SCHEDULE D PAGE 2 of 4 US$ Million (net of cancellations) Loan or Fiscal Year ---------------------------------------- Credit No. of Approval Purpose IBRD IDA 1/ Undisbursed 2/ 2497-IN 1985 Namarda (Gujarat) Dam and Power 200.0 - 200.00 1562-IN 1985 Narmada (Gujarat) Dam and Power - 100.0 83.71 1663-IN 1986 Narmada (Gujarat) Canal - 160.0 162.09 1669-IN 1986 Second National Agricultural Ext. - 49.0 37.99 1611-IN 1985 National Social Forestry - 166.0 116.65 2498-IN 1985 Jharia Coking Coal 67.7 - 12.08 2606-IN 1986 Maharashtra Petrochemicals 300.0 - 20.83 2534-IN 1986 Second National Highways 200.0 - 151.87 2644-IN 1986 Chandrapur Thermal Power 300.0 - 173.94 2666-IN 1986 Rihand Power Transmission 260.0 - 84.90 2682-IN 1986 Kerala Power 176.0 - 152.80 1619-IN 1988 West Bengal Minor Irrigation * 99.0 120.71 1621-IN 1986 Maharashtra Composite Irrigation - 160.0 188.93 1822-IN 1986 Kerala Water Supply and Sanitation - 41.0 41.96 1623-IN 1986 West Bengal Population - 61.0 39.13 1631-IN 1986 National Agricultural Research II - 72.1 70.73 2629-IN 1986 Industrial Export Dev. Finance 90.0 - 48.71 2630-IN 1986 ICICI-Indus. Exp. Dev. Finance 160.0 - 79.11 1643-IN 1986 Gujarat Urban - 62.0 49.87 2663-IN 1986 NABARD I 376.0 - 6.80 2660-IN 1986 Cement Industry 165.0 - 94.22 2661-IN 1988 ICICI - Cement Industry 35.0 - 26.29 1666-IN 1986 Andhra Pradesh II Irrigation - 140.0 166.37 2862-IN 1986 Andhra Pradesh II Irrigation 131.0 - 131.00 2674-IN 1988 Combined Cycle Power 48S.0 - 141.08 2729-IN 1988 Cooperative Fertilizer 150.2 - 6.96 2730-IN 1988 Cooperative Fertilizer 146.0 - 55.55 1737-IN 1987 Bihar Tubewells - 68.0 86.84 2769-IN 1987 Bombay Water Supply & Sewerage III 40.0 - 40.00 1760-IN 1987 Bombay Water Supply A Sewerage III - 145.0 117.71 1764-IN 1987 National Agric. Extension III - 85.0 76.15 1767-IN 1987 Gujarat Rural Roads - 119.6 115.84 1770-IN 1987 National Water Management - 114.0 106.40 2785-IN 1987 Oil India Petroleum 140.0 - 93.18 2796-IN 1987 Coal Mining A Quality Improvement 340.0 - 138.09 2813-IN 1987 Telecommunications IX 193.0 - 42.66 2797-IN 1987 Uttar Pradesh Urban Development 20.0 - 20.00 1780-IN 1987 Uttar Pradesh Urban Development - 130.0 109.12 2827-IN 1987 Karnataka Power 330.0 - 308.33 2844-IN 1987 National Capital Power 486.0 - 364.08 2846-IN 1987 Talcher Thermal 375.0 - 344.82 2846-IN 1987 Madras Water Supply 53.0 - 53.00 1822-IN 1987 Madras Water Supply - 16.0 4.08 2893-IN 1988 National Dairy II 200.0 - 200.00 1859-IN 1988 National Dairy II - 160.0 98.00 2904-IN 1988 Western Gas Development 283.3 - 146.60 2928-IN 1988 Indus. Fin. A Tech. Asst. 360.0 - 238.62 2929-IN 1988 Housing Dev. Finance Corp. 260.0 - 99.60 2936-IN 1988 Railway Modernization III 890.0 - 318.33 2938-IN 1988 Karnataka Power II 260.0 - 239.10 2967-IN 1988 Uttar Pradesh Power 350.0 - 323.38 1923-IN 1988 Tamil Nadu Urban Dev. - 300.2 242.03 1931-IN 1988 Bombay A Madras Population - 67.0 20.43 2994-IN 1989 States Roads 170.0 - 170.00 1959-IN 1989 States Roads - 80.0 82.46 3024-IN 1989 Nathpa Jhakri Power 486.0 - 449.98 1962-IN 1989 National Seeds III - 150.0 136.50 3044-IN 1989 Petroleum Transport 340.0 - 340.00 2008-IN 1989 Vocational Training - 250.0 215.87 3046-IN 1989 Vocational Training 30.0 - 30.00 2010-IN 1989 Upper Krishna Irrigation II - 160.0 134.99 3060-IN 1989 Upper Krishna Irrigation II 165.0 - 166.00 3068-IN 1989 Export Development 120.0 - 110.00 3069-IN 1989 ICICI - Export Development 176.0 - 160.00  SCHEDULE D PAGE 3 of 4 USS Million (net of cancellations) Loan or Fiscal Year ----------------------------- Credit No. of Approval Purpose IBRD IDA 1/ Undisbursed 2/