India - Bombay Sewage Disposal Project

Docunent of The World Bank FOR OFFICIAL USE ONLY Report No. P-6586-IN MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT AND THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT OF SDR 15.9 MILLION (US$25.0 MILLION EQUIVALENT) AND A PROPOSED LOAN IN THE AMOUNT EQUIVALENT TO US$167.0 MILLION TO INDIA FOR A BOMBAY SEWAGE DISPOSAL PROJECT JUNE 12, 1995 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.   FOR OFFICIAL USE ONLY INDIA BOMBAY SEWAGE DISPOSAL PROJECT CREDIT, LOAN AND PROJECT SUMMARY Borrower: India, acting by its President. Beneficiaries: Maharashtra and Municipal Corporation of Greater Bombay (MCGB) Amount: IDA Credit of SDR 15.9 (US$25.0 million equivalent). IBRD Loan of US$167.0 million equivalent. Terms: Credit on standard terms with 35 years maturity. Loan repayable in 20 years, including 5 years of grace, at standard variable interest rate. Financing Plan: US$ million Categorv Forei,n Local Total IDA 25.0 IBRD 167.0 Subtotal 89.9 102.1 192.0 MCGB 0.0 103.6 103.6 TOTAL PROJECT COST 89.9 205.7 295.6 Economic Rate of Return: No attempt has been made to estimate an economic rate of retum. The impacts on public health and the environment, which will result from the proposed investments, cannot readily be quantified in economic terms. Poverty Category: Not applicable. Staff Appraisal Report: No. 14294-IN Map: IBRD No. 26628 - Bombay Sewage Disposal Project 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 AND THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT AND LOAN TO INDIA FOR A BOMBAY SEWAGE DISPOSAL PROJECT 1. I submit, for your approval, the following memorandum and recommendation on a proposed development credit for SDR 15.9 million, the equivalent of US$25.0 million, and loan for the equivalent of US$167.0 million to India to help finance the Bombay Sewage Disposal Project. The credit will be provided on standard SDR terms with a maturity of 35 years. The loan will be repayable in 20 years, including five years of grace, at the standard variable interest rate. 2. Background. The Government of India (GoI) continues to recognize the importance of safe drinking water supply and basic sanitation, as reflected in its Eighth Five Year Plan (1992-97). The main sector issues are: (a) weak policy and institutional framework for the allocation and management of water resources; (b) need for improved general, personnel and financial management in the water- sanitation sector institutions; (c) need for improved cost-recovery from beneficiaries; (d) intermittent delivery of water to consumers; (e) need for improved engineering planning and design and material/construction quality management; and (f) poor operation and maintenance. The essence of the Bank's strategy in this sector in India has been and is to: (a) improve India's utilization of sector financial resources; and (b) to improve the efficiency of financial and human resource utilization. The increasing acceptance by the central and state governments of these objectives, as reflected in the 1992-97 Eighth Plan, indicates a firm potential for considerable further sector performance improvement in the medium and long terms but continued effort will be needed to address the sector issues described. 3. Bombay is India's largest city, with a 1991 population in the urban agglomeration of 12.57 million, or nearly 6% of India's total urban population. The annual average growth rate between 1981 and 1991 was 4.3%. An estimated five million of the present population live in slum conditions and about one million of these have occupied municipally-owned lands. Over the past fifty years, in the efforts to develop urban infrastructure and keep pace with rapid urban growth, a higher priority was accorded to water supply compared to sanitary sewerage. As a result, until the mid 1970s, most of the urban area discharged wastewater indiscriminately to surface water streams, gullies and to open stormwater drains. Planned attempts to reverse this situation and expand the water supply system were made under Bank-supported Bombay Water Supply and Sewerage Projects (BWSSPs) I, II and III '/ The proposed Project will complete the First Stage works to partially treat and dispose of sewage effluent which is collected and conveyed to the proposed treatment and disposal sites by facilities constructed under earlier Bank-supported projects; it will implement slum sanitation schemes and update the planning and complete the detailed design of the Second Stage works to further improve health and environmental conditions. 1/ BWSSP I - Approved in FY73 and closed 30-Jun-81 BWSSP II - Approved in FY79 and closed 31-May-88 BWSSP III - Approved in FY86 and ongoing (expected closing 30-Jun-96).  -2- 4. Rationale for Bank Involvement and the Country Assistance Strategy. This project is consistent with the CAS discussed by the Board on May 12, 1994, and the CAS scheduled for discussion on June 20, 1995, which emphasizes that in urban areas, there is an urgent need to build the institutional and financial framework that will enable cities to provide critically needed services to a rapidly growing population. The CAS, at its para 32, discusses the key urban issues and its Attachment 1 lists the sectoral reform objectives. One key theme of this CAS is state-level (and, by implication, local-level) finances. 5. In the design of the project and the related dialogue with the Municipal Corporation of Greater Bombay (MCCGB) during preparation and appraisal, particular attention has been paid to the lessons of experience which were particularly unsatisfactory in BWSSP 11 (para 10). Features of the project respond to two key areas of the Bank's special operational emphasis: the environment for the whole project and beneficiary participation for slum sanitation schemes. Although not a specifically targeted poverty alleviation operation, the slum sanitation schemes are designed to improve environmental and health conditions for the poor and will be of particular benefit to women. Furthermore, through the use of international and national engineering consultant and NGO services, the Project should make an important contribution to MCGB's Water Supply and Sewerage Department's institutional development and to the eventual efficiency of prior, proposed and future sewerage system investments. 6. Project Objectives. The objective of the project are to: (a) improve the health and environmental conditions in the jurisdiction of the Corporation, including the slum dwellers; (b) strengthen the Corporation's capacity in all aspects of management of the provision of sewerage services; and (c) sustain the financial viability of the provision of water supply and sewerage services in the jurisdiction of the Corporation. 7. Project Description. The project's physical works include: (a) the construction of two submarine tunnel outfall sewers at each of Worli and Bandra, each 3 kilometers long, to covey partially treated sewage effluent to the Arabian Sea; (b) a pumping station at Bandra; (c) two aerated sewage treatment lagoons at Ghatkopar and Bhandup; (d) facilities to prevent siltation in the Ghatkopar influent tunnel; (e) measures to improve the structural stability of five existing sewage pumping stations; (f) conveyance systems improvements; and (g) slum sanitation schemes, mainly for safe excreta disposal, to benefit those one million slum dwellers occupying municipally-owned lands. 8. These slum sanitation schemes will be implemented under a "demand-driven" approach and with full consultation with the beneficiaries, and according to policy guidelines agreed with the Bank. These policy guidelines aim, inter alia, to ensure that any resettlement is voluntary, and certification of compliance with these policies will accompany related withdrawal requests. 9. The project also includes professional consultant and NGO services to assist implementation of the physical works, studies and training services to upgrade MCGB's operational and maintenance capabilities with respect to Bombay's sewerage system, to complete an assessment of the condition of the conveyance system and to update the planning for, and complete the engineering design of, the Second Stage works for further improvements in health and environmental conditions.  become due on the contracts for the construction of the submarine outfalls after June 15, 1995. is This is linked to the Bank's receipt of a bid evaluation report on bids for these outfalls having been a condition for negotiations and to the expectation of bid validity expiry prior to effectiveness. This retroactive financing is recommended. 11. Project Implementation. The Project will be implemented by MCGB's WSSD, with the assistance of international and national consultants and national NGOs. The international consultants would be designated as the "Engineer" for major components of the Project, including construction of the Worli and Bandra outfalls, the Bandra pumping station and the works to prevent siltation in the Ghatkopar Influent Tunnel. 12. Project Sustainability. The sustainability of the sewerage system investments is dependent on the availability of appropriately organized, managed, skilled and motivated personnel for operation and maintenance and on the availability of adequate funds for this purpose. Technical assistance in the project includes studies and personnel training by internationally-recruited consultants for upgrading of the operation and maintenance organization, management and personnel skills. Problems with the availability of adequate funds are not anticipated, in light of the healthy financial performance of MCGB's WSSD over many years, and in light of financial projections prepared for appraisal. The key to sustainability of the slum sanitation schemes is beneficiary consultation and participation, inculcating a sense of ownership of the facilities and obtaining workable commitments from the slum communities for operations and some routine maintenance. 13. Lessons from Previous Bank/IDA Involvement. Bombay was the first beneficiary of Bank water supply-sanitation lending in India (BWSSP I/Cr390-IN/FY73) and there have been two subsequent loans to Bombay in this sector (BWSSP II/Cr 890-IN/FY79 and BWSSP III Cr 1750-IN Ln 2769-IN). Sewerage investments, initially included in the First Project, were postponed and later included in BWSSP II. Under BWSSP II the works comprised: (a) extending a collector network to virtually the entire Greater Bombay area; (b) rehabilitation of existing and construction of new pumping stations, two major and one minor sea outfalls; and (c) in the inland areas, aerated lagoon treatment plants. The Operational Audit on BWSSP II found many aspects of the project highly unsatisfactory and contracts for the two major outfalls were abandoned; related litigation continues. In response, the preparation of this project has involved thorough studies, detailed designs and cost estimates by international consultants, and the tendering (before appraisal) of redesigned outfalls. The Bank, during preparation, has used the services of specialized experts. During implementation, construction supervision will be by international consultants for the more complex works and by national consultants otherwise. The agreed approach to the slum sanitation schemes has taken account of the Bank's and other global experience of success with such schemes. 14. Environmental Aspects. The preparation of the Project included a comprehensive environmental assessment (EA) process involving several studies, public consultation and the development of environmental mitigation and monitoring plans, which are agreed to be followed during project implementation. Additionally, there is an on-going "Bombay Coastal Water Quality Study" financed by a Japanese Grant and conducted by India's National Environmental Engineering Research Institute (NEERI). 15. Agreed Actions. The following agreements were reached during negotiations: (a) MCGB will implement the whole of the remedial works in accordance with the agreed program;  -4 - (b) MCGB will carry out slum sanitation schemes in accordance with the "Policy Guidelines for Slum Sanitation Schemes"; (c) GoM will onlend the funds from the Credit and the Loan to MCGB for expenditures under the Project for a term of 25 years, including a 5 year grace period, at an interest rate of 13 %; (d) accounts and audit reports thereon, audited by auditors acceptable to the Bank, will be furnished to the Bank within 6 months of the end of each fiscal year: (i) for the Special Account, by Gol; (ii) for all SoE withdrawal claims by MCGB; and (iii) for WSSD's entity accounts, by MCGB; (e) MCGB will maintain, in its WSSD, a Project Management Unit (PMU) organized an staffed in a manner satisfactory to the Bank; (f) MCGB will implement the environmental monitoring and mitigation plan; (g) MCGB will adequately insure materials and equipment used in the Project and cause WSSD to maintain its existing separate Fire/Accident and Third Party Insurance; (h) MCGB will ensure that internally-generated funds are sufficient to cover at least 35% of its capital expenditures in any year; (i) MCGB's WSSD will maintain a specific cash account to cover the planned annual costs of asset replacement and/or rehabilitation; and () by June 1997, Gol will establish revised water quality standards, applicable to the discharge of wastewater to marine coastal waters. At negotiations, assurances were obtained that: (k) within the PMU, MCGB will designate persons of suitable qualification and experience as follows: (i) at least one environmental officer to coordinate and supervise the implementation of the environmental mitigation and monitoring plans; (ii) at least one procurement officer; and (iii) a group of people to manage the slum sanitation program; (I) MCGB will appoint international consultants acceptable to the Bank to supervise construction of the Worli and Bandra outfalls, the Bandra pumping station, facilities to control siltation in the Ghatkopar influent tunnel, and will appoint consultants acceptable to the Bank to supervise construction of the Ghatkopar and Bhandup lagoons, the low cost sanitation component, structural improvements in five pumping stations and conveyance system improvements; and (m) MCGB will furnish promptly to the Bank at the end of each quarter, a project progress report, with a format and content determined in consultation with the Bank. The following will be conditions of effectiveness: (n) issuing a letter of acceptance to the successful bidder on the contracts for the construction of the outfalls;  - 5 - (o) inviting tenders for the works to improve the structural stability of five pumping stations; (p) the execution of a subsidiary loan agreement between GoM and MCGB, satisfactory to the Bank; (q) the signing of the two consultant contracts for: (i) conveyance system condition surveys; and (ii) studies and personnel training services related to the operation and maintenance of MCGB's sewerage system; (r) the Bank's receipt of consultant recruitment documentation and a recruitment timetable, satisfactory to the Bank, for consultants to undertake the supervision of construction after the expiry of current contracts for these services in August, 1996. 16. Project Benerits. The potential health and environmental benefits of improving the disposal of more than 60% of the sewage from the Greater Bombay area are considered substantial even though they are not readily quantifiable, particularly in economic terms. Under this First Stage of development some partially treated sewage from two drainage areas will be discharged into the Arabian Sea at a distance of three kilometers from the shore line. Sewage from two other drainage areas will receive the equivalent of primary treatment before being discharged to tidal creeks. The Project will provide sewage treatment and disposal facilities which will enable the very extensive collection and conveyance systems, which have been constructed under the Second and Third Bombay Water Supply and Sewerage Projects, to be effectively utilized. 17. Although not ideal, the level of sewage treatment proposed will bring significant improvements over the present situation in which untreated sewage is discharged near the shoreline and to surface water drains and channels within a heavily populated urban area. Moreover, while the Project would provide for the completion of the First Stage of a two-stage sewerage improvement program, it would also provide for the detailed preparation of the Second Stage. 18. Project Risks. MCGB's engineers have insufficient relevant experience to manage and supervise and large and complex sewerage works of this nature: this project risk will be mitigated by support from international and national consulting engineers with appropriate qualifications and experience. Similarly, construction risk has been contained by the rigorous pre-qualification of bidders for most contracts prior to bidding. The outfalls will be constructed in submarine tunnel; this choice was determined by substantial savings on contract price after competitive bidding on alternatives. The risk-sharing principles adopted in these contracts bring some risk of cost-overruns: this risk has been addressed by larger than customary physical contingencies in the cost estimates. 19. Recommendation. Subject to the above conditions and assurances, I am satisfied that the proposed credit and loan would comply with the Articles of Agreement of the Association and the Bank and I recommend that the Executive Directors approve them. James D. Wolfensohn President Attachments Washington D.C. June 12, 1995  -6 - Schedule A Page 1 of 1 INDIA BOMBAY SEWAGE DISPOSAL PROJECT Project Costs: US$ million Foreign Local TOTAL Worli and Bandra Outfalls 36.2 50.4 86.6 Bandra Pumping Station 2.8 29.6 31.4 Bhandup and Ghatkopar Lagoons 6.2 25.4 31.6 Remedial Works 8.1 27.7 35.8 Slum Sanitation 2.0 20.1 22.1 Technical Assistance 7.7 8.4 16.1 Planning - Design Stage 2 7.1 10.9 18.0 TOTAL BASE COSTS 70.1 171.5 241.6 Physical Contingencies 14.8 37.8 52.6 Price Contingencies 5.0 -3.6 1.4 TOTAL PROJECT COST 89.9 205.7 295.6 Financing: % IDA 25.0 8.0 IDA 167.0 57.0 Subtotal 89.9 102.1 192.0 65.0 MCGB 0.0 103.6 103.6 35.0 TOTAL PROJECT COST 89.9 205.7 295.6 100.0 The above figures include taxes and duties estimated at US$21.3 million.  -7 - Schedule B Page 1 of 2 INDIA BOMBAY SEWAGE DISPOSAL PROJECT PROCUREMENT TABLE Promect Procurement Method Not TOTAL COSTS Element Financed ICB NCB Other by Bank Civil Works 179.7 (107.9) 55.4 (32.7) 235.1 (140.6) Equipment 17.7 (14.2) - - 17.7 (14.2) Project TA - 19.8 (17.2) 19.8 (17.2) Studies 2nd Stage - 23.0 (20.0) 23.0 (20.0) TOTALS 197.4 (122.1) 55.4 (32.7) 42.8 (37.2) 295.6 (192.0) The amounts in parenthesis are the estimated amounts financed by the Bank. DISBURSEMENT BY CATEGORY (US$ million) Category Credit and Loan Percentage Allocation Disbursement 1. Civil Works 140.6 59% of expenditures. 2. Equipment and 14.2 100% of foreign Materials expenditures, 100% of local expenditures (ex- factory) and 80% of local expenditure otherwise procured. 3. Consultant and 37.2 100% of expenditure. NGO Services TOTAL 192.0  -8 - Schedule B Page 2 of 2 ESTIMATED DISBURSEMENTS US$ million BankFY 1996 1997 1998 1999 2000 2001 2002 2003 IBRD Loan 2.2 36.1 54.8 47.6 16.9 4.6 3.5 1.3 IDA Credit 25.0 - - - - - - Total Cumulative 27.2 63.3 118.1 165.7 182.6 187.2 190.7 192.0  9- Schedule C INDIA BOMBAY SEWAGE DISPOSAL PROJECT Timetable of Key Processing Events Time to prepare: 5 years Project prepared by: Municipal Corporation of Greater Bombay with assistance from consultants and the Bank. First Bank Mission: March, 1990 Appraisal Mission: February, 1995 Negotiations: May 30 - June 6, 1995 Planned Date for Effectiveness: October 15, 1995 This report is based on the findings of an appraisal mission which visited Bombay in February, 1995, comprising Messrs/Mmes W. Roach (Task Manager and Senior Financial Analyst), C. Couzens (Principal Sanitary Engineer), S. Choudhry (Consultant, SA2AW), T. Walton (Environmental Planner, ASTEN), and P. Ware (Engineering Consultant).  - 10 - SCHEDULE D PAGE 1 OF 6 INDIA Status Of Bank Group Operations In INDIA PFDBR25 - Sumniry Statement Of Loans and IDA Credits (LOA data as of 3/31/95 - MIS data as of 04/25/95) By Country Country: INDIA Amount in USS milLion (Less cancellations) Loan or Fiscal Undis- Closing Credit No. Year Borrower Purpose Bank IDA bursed Date Credits 198 Credits(s) closed 14,643. 79 C16210-IN 1986 INDIA MAHARASHTRA IRRIG. I 128.82 62.59 12/31/96(R) C16310-IN 1986 INDIA NATIONAL AGRIC. RES. 57.21 13.23 06/30/95CR) C17500-IN 1987 INDIA BOMBAY III WATER SUP 145.00 61.71 06/30/95(R) C17570-IN 1987 INDIA GUJARAT RURAL ROADS 96.75 29.67 12/31/95(R) C17800-IN 1987 INDIA U.P. URBAN DEVELOPME 120.95 47.31 03/31/96 C19230-IN 1988 INDIA TAMIL NADU URBAN 254.73 85.27 09/30/95 C19310-IN 1988 INDIA BOMBAY & MADRAS POP. 57.00 20.15 12/31/95 C19520-IN 1989 INDIA NATIONAL SEEDS III 147.24 56.46 06/30/95 C20080-IN 1989 INDIA VOCATIONAL TRAINING 163.85 100.29 12/31/96 C20100-IN 1989 INDIA UPPER KRISHNA PHASE 160.00 29.12 12/31/96 C20220-IN 1989 INDIA NATIONAL SERICULTURE 133.35 54.21 12/31/96 C20570-IN 1989 INDIA FAMILY WELFARE TRG ( 72.76 37.64 03/31/97 C20640-IN 1990 INDIA TECHNOLOGY DEVELOPME 55.00 45.99 12/31/95 C20760-IN 1990 INDIA PUNJAB IRR & DRAINAG 145.28 100.82 03/31/98 C21000-IN 1990 INDIA WTRSH HILLS 75.00 56.17 06/30/97 C21150-IN 1990 INDIA HYDERABAD U/S 79.90 54.07 03/31/98 C21300-IN 1990 INDIA TECH EDUC 1 210.74 135.05 06/30/98 C21310-IN 1990 INDIA WTRSH PLAINS 55.00 46.11 03/31/98 C21330-IN 1990 INDIA POP. TRG (VII) 63.96 34.04 06/30/98 C21580-IN 1990 INDIA SECOND TN NUTRITION 67.52 36.95 12/31/97 C21730-IN 1991 INDIA ICDS I CORIS & ANDHR 74.35 46.21 12/31/97 C22150-IN 1991 INDIA AGR.DEV.I (TN) 92.80 59.86 09/30/98 C22230-IN 1991 INDIA TECH EDUC II 255.73 210.35 06/30/99 C22340-IN 1991 INDIA MAHARASHTRA RURAL WS 109.90 90.09 12/31/97 C22410-IN 1991 INDIA DAM SAFETY 130.00 126.37 09/30/97 C22520-IN 1991 INDIA IND POLLUTION CONTRO 31.60 34.16 06/30/98 C23000-IN 1992 INDIA HEALTH I (MCH) 214.50 85.80 09/30/95 C23280-IN 1992 INDIA MAHARASHTRA FORESTRY 124.00 118.24 09/30/98 C23290-IN 1992 INDIA SHRIMP & FISH CULTUR 85.00 90.88 06/30/99 C23410-IN 1992 INDIA WEST BENGAL FORESTRY 34.00 20.83 09/30/97 C23500-IN 1992 INDIA AIDS PREVENTION AND 84.00 68.76 09/30/97 C23650-IN 1992 INDIA NAT. HIGHWAYS II 153.00 148.61 06/30/01 C23940-IN 1992 INDIA POPULATION VIII 79.00 85.49 06/30/01 C24090-IN 1993 INDIA RUBBER 92.00 94.40 09/30/99 C24330-IN 1993 INDIA ADP - RAJASTHAN 106.00 87.89 09/30/99 C24390-IN 1993 INDIA BIHAR PLATEAU 117.00 115.00 06/30/98 C24490-IN 1993 INDIA RENEWABLE RESOURCES 115.00 123.64 12/31/99 C24500-IN 1993 INDIA JHARIA MINE FIRE CON 12.00 11.94 06/30/95 C24700-IN 1993 INDIA ICDS 11 (BIHAR & MP) 194.00 208.71 09/30/00 C24830-IN 1993 INDIA KARNATAKA WS & ENV/S 92.00 96.07 12/31/99 C25090-IN 1993 INDIA UTTAR PRADESH BASIC 165.00 160.09 09/30/00 C25100-IN 1993 INDIA UP SODIC LANDS RECLA 54.70 56.37 03/31/01 C25280-IN 1993 INDIA NATL LEPROSY ELIMINA 85.00 87.08 03/31/00 C25720-IN 1994 INDIA FORESTRY RESEARCH ED 47.00 46.52 12/31/99 C25730-IN 1994 INDIA ANDHRA PRADESH FORES 77.40 80.75 09/30/00 C25920-IN 1994 INDIA WATER RES CONSOLID H 258.00 276.22 12/31/00 C25940-IN 1994 INDIA MAHARASHTRA EARTHQUA 246.00 246.72 06/30/97  - 11 - SCHEDULE D PAGE 2 OF 6 INDIA Status Of Bank Group Operations In INDIA PFDBR25 - Summary Statement Of Loans and IDA Credits (LOA data as of 3/31/95 - MIS data as of 04/25/95) By Country Country: INDIA Amount in USS milLion (Less canceLlations) Loan or Fiscal Undis- Closing Credit No. . Year Borrower Purpose Bank IDA bursed Date C26110-IN 1994 INDIA BLINDNESS CONTROL 117.80 127.53 06/30/01 C26300-IN 1994 INDIA POPULATION IX 88.60 94.36 12/31/01 C26450-IN 1995 INDIA INDUS POLLUTION PREV 25.00 26.53 03/31/02 * C26610-IN 1995 INDIA DISTRICT PRIMARY ED 260.30 267.96 03/31/02 C26630-IN 1995 INDIA AP DISTRICT HEALTH S 133.00 139.60 03/31/02 * C26990-IN 1995 INDIA AGRIC HUMAN RES DEVT 59.50 63.01 12/31/00 * C27000-IN 1995 INDIA MP FORESTRY 58.00 61.30 12/31/99 TOTAL number Credits = 54 6,161.23 4,764.20 Loans 133 Loans(s) cLosed 10,878.90 L27690-IN 1987 INDIA BOMBAY III WATER SUP 20.00 20.00 06/30/95(R) L27960-IN 1987 INDIA COAL MINING AND COAL 322.78 16.22 09/30/95(R) L28440-IN 1987 INDIA NAT. CAPITAL POWER S 373.00 76.32 06/30/95 L28450-IN 1987 INDIA TALCHER THERMAL 367.00 130.15 03/31/96 L28460-iN 1987 INDIA MADRAS WATER SUPPLY 53.00 18.43 12/31/95 L28930-IN 1988 INDIA NATIONAL DAIRY II 200.00 111.00 12/31/95(R) L29281-IN 1988 INDIA IND. FINANCE I 45.00 6.96 06/30/95(R) L29350-IN 1988 INDIA RAILWAYS MODERNIZ. I 252.50 4.19 12/31/95(R) L29940-IN 1989 INDIA STATE ROADS I 115.00 64.44 06/30/95 L30240-IN 1989 INDIA NATHPA JHAKRI HYDRO 485.00 356.64 12/31/97 L30440-IN 1989 INDIA PETRO. TRANSPORT 50.00 6.33 06/30/95 L30500-IN 1989 INDIA UPPER KRISHNA PHASE 45.00 45.00 12/31/96 L30580-IN 1989 INDIA EXPORT DEVELOPMENT 120.00 7.43 03/31/96 L30930-IN 1989 INDIA ELECTRONICS 8.00 7.24 12/31/95 L30960-IN 1989 INDIA MAHARASHTRA POWER 354.00 215.35 12/31/96 L31190-IN 1990 INDIA TECHNOLOGY DEVELOPME 135.00 46.60 12/31/95 L31960-IN 1990 INDIA CEMENT INDUSTRY REST 293.18 64.47 06/30/96 L32370-IN 1990 INDIA NOR REG TRANSM 485.00 426.89 09/30/98 L32390-IN 1990 INDIA PRIVATE POWER UTIL ( 98.00 19.13 06/30/95 L32580-IN 1991 INDIA PETROCHEMICALS 12.00 9.31 09/30/96 L32590-IN 1991 INDIA PETROCHEMICALS 202.70 108.32 09/30/96 L33000-IN 1991 INDIA AGR.DEV.I (TN) 20.00 20.00 09/30/98 L33250-IN 1991 INDIA DAM SAFETY 23.00 23.00 09/30/97 L33340-IN 1991 INDIA IND POLLUTION CONTRO 124.00 55.46 06/30/98 L33440-IN 1991 INDIA PRIVATE POWER UTIL 1 200.00 42.41 12/31/96 L33640-IN 1991 INDIA GAS FLARING REDUCTIO 450.00 21.49 12/31/95 L34360-IN 1992 INDIA POWER UTIL EFFIC IMP 265.00 232.34 12/31/97 L34700-IN 1992 INDIA NAT. HIGHWAYS II 153.00 153.00 06/30/01 L34980-IN 1992 INDIA MAHARASHTRA POWER II 350.00 306.86 06/30/98 L35440-IN 1993 INDIA RENEWABLE RESOURCES 75.00 5.47 12/31/95 L35770-IN 1993 INDIA PGC POWER SYSTEM 350.00 312.08 06/30/00 L36300-IN 1993 INDIA PRIVATE POWER DEVT T 20.00 20.00 12/31/95 L36320-IN 1993 INDIA NTPC POWER GENERATIO 400.00 383.07 09/30/97 L37530-IN 1994 INDIA CONTAINER TRANSPORT 94.00 94.00 12/31/99 L37790-IN 1995 INDIA INDUS POLLUTION PREV 93.00 88.00 03/31/01 L37800-IN 1995 INDIA INDUS POLLUTION PREV 50.00 50.00 03/31/01 * L38560-IN 1995 INDIA FINANCIAL SECTOR DEV 350.00 281.64 10/31/00 * L38570-IN 1995 INDIA FINANCIAL SECTOR DEV 150.00 150.00 10/31/00  - 12 - SCHEDULE D INDIA PAGE 3 OF 6 Status Of Bank Group Operations In INDIA PFDBR25 - Summary Statement Of Loans and IDA Credits (LOA data as of 3/31/95 - MIS data as of 04/25/95) 8y Country Country: INDIA Amount in USS million (less cancellations) Loan or Fiscal Undis- Closing Credit No. Year Borrower Purpose Bank IDA bursed Date * L38580-IN 1995 INDIA FINANCIAL SECTOR DEV 200.00 200.00 10/31/02 TOTAL number Loans = 39 7,403.16 4,199.24 TOTAL*** 18,282.06 20,805.02 of which repaid 5,256.88 1,333.81 TOTAL held by Bank & IDA 13,025.19 19,471.21 Amount sold 133.77 of which repaid 133.77 TOTAL undisbursed 9,014.60 Notes: - Not yet effective ** Not yet signed * Total Approved, Repayments, and Outstanding balance represent both active and inactive Loans and Credits. (R) indicates formally revised CLosing Date. (S) indicates SAL/SECAL Loans and Credits. The Net Approved and Bank Repayments are historical value, aLL others are market value. The Signing, Effective, and Closing dates are based upon the Loan Department offical data and are not taken from the Task Budget fiLe.  - 13 - Status Of Bank Group Operations In INDIA SCHEDULE D PFDBR25B - List of Closed SALs and Secals PAGE 4 OF 6 By Country Country: INDIA Amount in USS million (less cancellations) Loan or Fiscal Undis- Closing Credit No. Year Borrower Purpose Bank IDA bursed Date C23160-lN 1992 INDIA SAL I 220.00 .00 12/31/1992 C23161-IN 1992 INDIA SAL 1 30.00 .00 12/31/1992 C24480-IN 1993 INDIA SOCIAL SAFETY NETS 57.40 .00 08/31/1994(R) C24481-IN 1993. INDIA SOCIAL SAFETY NETS 89.40 .00 08/31/1994(R) C24481-IN 1993 INDIA SOCIAL SAFETY NETS 203.50 .00 12/31/1993 C24483-IN 1993 INDIA SOCIAL SAFETY NETS 119.40 .00 08/31/1994(R) L33910-IN 1992 INDIA OIL & GAS SECTOR DEV 150.00 .00 06/30/1992 L34210-IN 1992 INDIA SAL 1 250.00 .00 12/31/1992 L36270-IN 1993 INDIA EXTERNAL SECTOR ADJU 300.00 .00 12/31/1993 Total INDIA 700.00 750.00 .00  - 14 - SCHEDULE D PAGE 5 OF 6 B. STATEMENT OF IFC INVESTMENTS (as of March 31, 1995) Amount (US$ million) Fiscal Year Company Loan Equity Total 1959 Republic Forge Company Ltd. 1.50 -- 1.50 1959 Kirloskar Oil Engines Ltd. 0.85 -- 0.85 1960 Assam Sillimanite Ltd. 1.36 -- 1.36 1961 K.S.B. Pumps Ltd. 0.21 -- 0.21 1963-66 Precision Bearings India Ltd. 0.65 0.38 1.03 1964 Fort Gloster Industries Ltd. 0.81 0.40 1.21 1964 Lakahmi Machine Works Ltd. 0.96 0.35 1.31 1964-75-79/90 Mahindra Ugine Steel Co. Ltd. 11.81 2.66 14.47 1967 Indian Explosives Ltd. 8.60 2.86 11.46 1967 Jayshree Chemicals Ltd. 1.05 0.10 1.15 1969-70 Zuari Agro-Chemicals Ltd. 15.15 3.76 18.91 1977-87 Escorts Limited 15.55 -- 15.55 1978-87/91/93 Housing Development Finance Corp. 106.32 4.05 110.37 1980/82/87/89 Deepak Fertilizer and Petrochemicals Corporation Ltd. 7.50 4.23 11.73 1981-82 Nagarjuna Coated Tubes Ltd. 1.50 0.24 1.74 1981-82 Nagarjuna Steels Limited 2.88 0.24 3.12 1981-86-89-92-94 Tata Iron and Steel Company Ltd. 132.14 24.49 156.63 1981-90-93-94 Mahindra & Mahindra Ltd. 29.71 9.68 39.39 1982 Ashok Leyland Limited 28.00 -- 28.00 1982 Coromandel Fertilizers Limited 15.88 -- 15.88 1982 The Bombay Dyeing and Manufacturing Co. Ltd. 18.80 -- 18.80 1982-87 ITW Signode 2.99 1.01 4.00 1982-87 The Indian Rayon Corp. Ltd. 14.57 -- 14.57 1983 Bharat Forge Company Ltd. 15.90 -- 15.90 1984-86 The Gwalior Rayon Silk Manufacturing (Weaving) Co. Ltd. 1S.95 -- lS.95 1985 Bajaj Auto Ltd. 23.93 -- 23.93 1985 Modi Cement 13.05 -- 13.05 1985-86/90-91-94 India Lease Development Ltd. 8.50 1.08 9.58 1985/91 Bihar Sponge 15.24 0.68 15.92 1986 Bajaj Tempo Limited 30.54 -- 30.54 1986-93/94 India Equipment Leasing Ltd. 5.50 0.44 5.94 1986 Larsen and Toubro Ltd. 21.78 -- 21.78 1986-87-88-92-93 The Great Eastern Shipping Company Ltd. 41.25 13.89 S5.14 1986-87-91/95 Export-Import Bank of India 39.34 -- 39.34 1987 Gujarat Fusion Glass Ltd. 7.52 1.70 9.22 1987 Gujarat Narmada Valley Fertilizer 38.07 -- 38.07 1987 Hero Honda Motors Ltd. 7.74 -- 7.74 1987 Hindustan Motors Ltd. 39.14 -- 39.14 1987 The Gujarat Rural Housing Finance Corp. -- 0.19 0.19 1987 Wimco Limited 4.70 -- 4.70 1987/89-90/92/93 Titan Watches Limited 22.02 1.15 23.17 1988/94 Invel Transmissions Ltd. -- 1.40 1.40 1989 Ahmedabad Electricity Company, Ltd. 20.83 -- 20.83 1989 WTI Advanced Technology -- 0.20 0.20 1989-90 Keltron Telephone Instruments, Ltd. -- 0.56 0.56 1989-92 Gujarac State Fertilizer 40.46 -- 40.46 1989-95 JSB India Securities Firms 2.35 0.37 2.72 1990 UCAL Fuel Systems Ltd. -- 0.63 0.63 1990-91/94 Tata Electric 111.88 18.75 130.63 1991 ATIC Industries Export Finance 0.28 -- 0.28 1991 Bombay Electric 68.00 -- 68.00 1991 CESC Ltd. 85.03 -- 85.03 1991 Export Finance - AFDC 0.35 -- 0.35 1991 Herdilla Oxides and Electronics Ltd. -- 0.29 0.29 1991-94 Indust. Credit & Investment Corp. of India -- 25.85 25.85 1991-93-95 Infrastructure Leasing & Financial Services 40.00 4.92 44.92 1991 TDICI Development Finance Companies -- 2.05 2.05 1993 TRIVENI -- 1.30 1.30 1991 Varun Transport, Storage & Communications 17.04 3.06 20.10 1992 Arvind Mills 22.13 19.16 41.29  - 15 - SCHEDULE D PAGE 6 OF 6 Amount (US$ million) Fiscal Year Company Loan Equity Total 1991 INDUS VC MGMT -- 0.01 0.01 1991 Block KG-OS-IV -- 8.20 8.20 1991 INDUS VCF -- 1.01 1.01 1992 Kotak Mahindra 0.66 -- 0.66 1992 Nippon Denro 40.00 5.77 45.77 1992 SKF Bearings 11.50 -- 11.50 1992-94 Creditcapital VF -- 1.11 1.11 1993 NICCO-UCO 3.00 0.25 3.25 1993 20th CENTURY 16.00 0.80 16.80 1993 Info Tech Fund -- 0.64 0.64 1993 CRDCAP Asset Management -- 0.32 0.32 1993 Taurus Starshare -- 7.17 7.17 1994 Gujarat Ambuja 35.14 8.23 43.37 1993-94 Indo Rama Spinning & Weaving 35.00 9.84 44.84 1994 Centurion Growth -- 2.39 2.39 1994 TCAMC -- 0.16 0.16 1994 DLF Cemenc 39.36 -- 39.36 1994 Global Trust Commercial Banks -- 3.19 3.19 1994 Chowgule -- 4.58 4.58 1994 Centurion Bank -- 3.87 3.87 1994 GESCO Transporc & Communications -- 2.15 2.15 1994 ISIC Brokerage -- 0.32 0.32 1994-95 Prism Cement 30.00 5.02 35.02 TOTAL GROSS COMMITMENTS 1388.01 217.15 1605.16 Less: Cancellation, Terminations, Exchange Adjustments, Repayments, Writeoffs and Sales 753.07 85.34 838.41 Total Commitments Now Held by IFC 634.85 131.81 766.66 Undisbursed 94.99 0.51 96.50 Total Cutstanding 539.88 131.30 671.18 Source: IF_ Statement of Investments as of March 31, 1995.   IBRD 26628 INDIA w<\m, -~ RHANJuP n' BOMBAY SEWAGE DISPOSAL PROJECT |O I& *C T h IA* *A,-J nEs-.A&Y A- DISPSAL FACNI,VES < B H D UR SI PROPOSE UNDER BO.B.F A d | *|* 4>/ 4 e > > \ O UNDER CO,STRUCTIZG ,,_,,~~~~~~~~~ , -* -u Sh s / \; : , |,_ LMNED WIhINEDT ENEIT! 10 EAUS SE-GD CO l FIANCE 5I5EDA EXISTING PlANNED WI-I lE NHE XT 5 10 YE-ARS M~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ..... , W"".. ' ' S--EAJnRND OUIFAUS NATIONAL PARK DRAUNAEA ZONE99'UNDARINN 0 ~~~~~~~~~~~~~~~~~~~~~-- -MAN OADS S~RNAND .-. GREATER 60,A&EE MUNICIPAX UMI1 "IRP.~~~~~~~~~~~~~~~~~~~~~L 15 SANDRA I~~~I BADR /z~~16~~ I% VERSOV 4~~~~~~~~~~~01 -~~~~~~~~~~~~~~~~~~~~~~~~~~~~~TN ' . -lk*- L J~~~~~~~ -- - - -.~~~~~~~~~~~~~~~~~~~~-- ~~~~~W O RU T ~~~~~~~~~ I~~~~~~~~~~~UFAU 0 I2 3~A 3 -6 4M    IMAGING Report No: F- 6586 IN Type: MOP