India - Hydrology Project

Document of The World Bank FOR OFFICIAL USE ONLY Report No. P-6600-IN MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT OF SDR 90.1 MILLION TO INDIA FOR A HYDROLOGY PROJECT JULY 14, 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.  CURRENCY EOUIVALENTS (As of July 1994) Currency Unit = Indian Rupee (Rs) US$ 1.00 = Rs 32.0 a/ Rs 1000 = US$ 31.25 INDIAN FISCAL YEAR GOI, States: April I - March 31 WEIGHTS AND MEASURES - METRIC SYSTEM I meter (m) = 39.4 inches I kilometer (km) = 0.62 miles I square kilometer (sq km) = 100 ha or 0.39 square miles I hectare (ha) = 2.47 acres ABBREVIALTIONS. ACRONYMS AND INDIAN TERMINOLOGY General CWC - Central Water Commission CGWB - Central Groundwater Board GOAP - Government of Andhra Pradesh GOI - Government of India GOG - Government of Gujarat GOK - Government of Kerala GOM - Government of Maharashtra GOMP - Government of Madhya Pradesh GOO - Government of Orissa GOTN - Government of Tamil Nadu IMD - India Meteorological Department MOWR - Ministry of Water Resources NHP - National Hydrology Project NIH - National Institute of Hydrology R&D - Research and Development SW - Surface Water GW - Groundwater The US Dollar/Rupee exchange rate is subject to change. Conversions in this report have taken into account the projected exchange rate over the disbursement period.  FOR OFFICIAL USSIONLY INDIA HYDROLOGY PROJECT Credit and Project Summary Borrower: India, Acting by its President Implementing Agencies: Central Water Commission (CWC), Central Groundwater Board (CGWB). and National Institute of Hydrology (NIH) within the Ministry of Water Resources (MOWR), India Meteorological Department (IMD) within the Ministry of Science and Technology), and the Governments of Andhra Pradesh (GOAP), Gujarat (GOG), Kerala (GOK), Madhya Pradesh (GOMP), Maharashtra (GOM), Orissa (GOO), and Tamil Nadu (GOTN) through their agencies responsible for surface water and groundwater hydrology. Amount: IDA Credit of SDR 90.1 million (US$ 142.0 million equivalent) Terms: Standard, with 35 years maturity On -Lending Terms: From GOI to the participating states as part of central assistance to the state for development projects on standard terms and conditions applicable at the time. GOI would assume the foreign exchange lisk. Financing Plan: Local Foreign Total ----------- (US$ million) ------- Government 20.4 0.0 20.4 IDA 108.1 33.9 142.0 Total 128.5 33.9 162.4 Project Benefits. The project would generate substantial indirect benefits by assisting in the development of more reliable and spatially intensive data on the quantity and quality of the water resources of the participating states, and making the information available to legitimate users from computerized data banks which are programmed to be accessible in a user-friendly manner. The project objectives are directly supportive of statements regarding water information systems in India's National Water Policy, the Bank's recent Country Assistance Strategy, Water Resources Management Policy Statement, and the India Irrigation Sector Review. Economic Rate of Return: Not applicable Poverty Category: Not Applicable. Staff Appraisal Report: Report No. 13952-IN Supplementary Data Volume Report No. 13952-IN This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwisc be disclosed wiLhout World Bank authorization.  i  MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT TO INDIA FOR A HYDROLOGY PRQJECT 1. I submit for your approval the following memorandum and recommendation on a proposed Credit to India for SDR 90.1 million (US$ 142.0 million equivalent) on standard IDA terms, with a 35 year maturity, to help finance a Hydrology Project. 2. Background. The development and efficient use of India's water resources for a wide range of purposes is critical to the country's economic well-being and to the overall welfare of its people. Meeting the food demands of the very large and growing population has required the development of essentially all the available land that is suitable for agricultural production and the commitment of a very large proportion of the available water resources to irrigation in order to increase cropping intensities and crop yields on the land. Meanwhile, there are growing and competing demands for water resources development to provide supplies for municipalities and urban populations, rural communities, industry and power generation. It is also recognized that sufficient water of appropriate quality must be left in-stream during the low flow season to sustain wildlife and meet other environmental demands. And in some cases, it is necessary to maintain river flows for navigation. In contrast, many parts of India need to develop flood control works to protect populations and their property, which are increasingly at risk on flood-prone lands. 3. To meet the challenges described above, GOI has recognized that a reliable and easily accessible data base providing historical records for all aspects of the hydrological cycle is essential for planning and management of water resources development. It has also been recognized that reliable data become particularly important when development of this unitary resource approaches its limits in any river basin area, and conflict and competition between users within a river basin and within each state becomes a common occurrence. In this situation, a scientifically-designed data base, with appropriate coverage of all important aspects of hydrology in space and time, is required for analyses of potentials for new water resources developments. Such information is also an essential prerequisite for long-term planning and development, for real-time forecasting for management of the resources, and for preservation of the resources within the overall environment in both quantitative and qualitative terms. 4. Subsector Issues and Lessons Learned. By the end of 1990, the Bank had supported 65 projects in India related to water resources development, of which 42 were for irrigation. These projects mainly financed infrastructure. Their impact has been generally less than predicted in terms of both physical and economic benefits. An important shortcoming has been that actual scheme water supplies have often been less than project design assumptions. This reflected the fact that there was no reliable hydrological information on which to base the design. Increasing demand for scarce water supplies will mean that many completed schemes are likely to be deprived of water, making the achievement of predicted benefits even less likely. Clearly, before corrective actions can be formulated, the water resource base must be properly quantified. Thus, both GOI and the Bank recognize that effective water resource planning and management demands a comprehensive hydrological information system. Moreover, the data base of this system must be readily available as a service to all users. The project is therefore not an option - it is an essential requirement that India must undertake to avoid substantial economic, social and environmental risks that will increase with time. 5. To summarize, Bank experience with respect to developing hydrology in India has been limited to date. Almost all operations involving development of water resources have simply assumed that a scientific data base would be available. Instead, empirical formulae have had to be widely used for the planning and design of many projects. Surface water hydrology has been supported by the Bank under a few projects as a small component, and the impact has been generally less than successful. Other Donors supporting hydrology have expressed similar problems, but their support has tended to be small scale and location specific. The most ambitious attempt by IDA was  - 2 - about US$ 8.8 million. However, the impact of this initiative has been limited, primarily because the agencies involved were more interested in construction and the development of physical infrastructure. On the other hand, Bank support of groundwater (GW) hydrology has been more successful because separate service agencies have been set up with data collection and analysis as their main mandated task. 6. In 1987, the Bank undertook a Technical Hydrology Sector review which summarized the shoitcomings in the practice of hydrometry, hydrology and related disciplines in India. The 1991 India Irrigation Sector Review emphasized holistic water planning and management across sectors, including improving the hydrological data-base, as a key strategic need in India. In addition, in 1993 the Bank adopted a Water Resources Management Policy which also mirrors many of the objectives of India's National Water Policy. The Bank's strategy implicitly includes: (a) improved management and allocation of water resources through strengthening institutional and resource-evaluation activities; (b) promotion of water resource development that addresses equity, poverty alleviation and sustainable development; and (c) a holistic approach to development supporting all activities to ensure realization of potential benefits and protection of the environment. 7. Government Strategy. GOI regards the proposed project as an essential input to implementing the National Water Policy (NWP) which was adopted in 1987. The NWP brought all water development under a single ministry - the Ministry of Water Resources - and recognized water as a pnlmatv natural resource, a basic human need, and an essential requirement in most developmental activities. The policy establishes a perspective and framework for coordinated water resource development amongst alternative uses and states, and emphasizes the need for river basin planning. It also addresses the need to strengthen institutional mechanisms to plan and implement water (levelopment in a holistic and coordinated manner. 8. The concerned agencies in GOI and in the State Governments of Andhra Pradesh, Gujarat, Kerala, Madhya Pradesh, Maharashtra, Orissa and Tamil Nadu have recognized the need to: (a) improve their hydrological data bases in terms of coverage and accuracy to respond to the needs of data users; (b) improve their capabilities for storage, retrieval and interpretation of data elements; (c) ensure rapid transfer of data between concerned agencies by connecting computerized data bases; and (d) enhance publication and access of information to all eligible users. GOI and the participating states also recognize that to achieve the above goals will need improvement of staff capabilities at all levels through a large scale training, provision of technical assistance, and organizational changes in the agencies. 9. Rationale for Bank Involvement. The Bank's new strategy for India's water resources and the irrigation sector (the main water user) is developed in a number of recent documents including the India irrigation Sector Review (1991) and the 1995 CAS discussed at the Board on June 20, 1995. The Bank's CAS for India proposes fundamental changes, moving away from the infrastructure focus of thee past towards policy change and improved water management. Expenditure policies need redefinition and financial management needs tightening, technical performance needs improvement, and institutional development is essential across all activities. This strategy, in short, emphasizes improved planning and allocation to support improved management of water resources. Implicit in all the strategy studies is that there needs to be a reliable and adequate hydrological data base. Therefore, this project is consistent with CAS for India. 10. Project Objectives. The main project objectives would be to support a six year time slice of the program to improve India's institutional and technical capability to measure, collate, analyze and disseminate quantity and quality data concerning all aspects of surface water and groundwater resources, including the related climatic data. Project implementation would need large technical assistance and training components, employing consultants experienced in hydrology outside India. 11. Project Description. The project components include: (a) Upgrading Hydrometry and Data Management through: (i) upgrading of existing observation sites, expanding new observation sites,  -3 - laboratory facilities and buildings for hydrometric activities related to quantity and quality of surface water and groundwater resources, and monitoring of hydrometeorological parameters; (ii) providing measuring instruments and equipment; (iii) upgrading data collection and verification on reservoir operations and river diversions, return flows from surface water diversions, and on groundwater withdrawals; (iv) upgrading and standardizing data management facilities and systems by establishing computerized data banks at national and state levels; (v) providing communication systems interconnecting computerized data centers; (vi) providing equipment for sedimentation surveys; (vii) improving flood warning systems; and (b) Institutional Strengthening through provision of: (i) technical assistance, training facilities and equipment, and training within and outside India; (ii) support for research and development (R&D) activities; and (iii) funds for incremental staffing, transportation, office facilities and equipment. 12. Project cost, including physical and price contingencies, is estimated at US$ 162.4 million over the six year project period with a foreign exchange component of some US$ 33.9 million, or 21 % of total costs. A breakdown of project costs and financing arrangements are shown in Schedule A. The amounts and methods of procurement and disbursement schedule are shown in Schedule B. A timetable of key project processing events and the status of the Bank Group operations in India are given in Schedules C and D respectively. The Staff Appraisal Report, No. 13952 dated July 14, 1995, is being distributed separately. 13. Implementation. The project will be coordinated at the national level by the Ministry of Water Resources (MOWR) and implemented through its main hydrological agencies--the Central Water Commission (CWC) for surface water and the Central Groundwater Board (CGWB) for groundwater. The CWC, CGWB and the seven participating state agencies will implement their own work programs. The National Institute of Hydrology would be responsible for some of the R&D and training activities, and the Central Power and Water Research Station for instrumentation. The India Meteorological Department would be responsible for hydrometeorological activities. The central and state pollution control boards and other hydrological data users would have advisory roles in the project Overall coordination of the project would be through a National Coordination Committee (NCC) that has been established for the project. Similarly, at state levels, State Project Coordination Committees have been set up to assure the necessary linkages between the state institutions involved and for coordination with central agencies and the NCC. 14. Major emphasis under the project would be on progressive strengthening of the capabilities of the participating institutions involved. Technical strengthening would need to be matched by strengthening of staff capabilities and management within each institution. For that, the project implementation would need to be flexible, and adaptive to the needs of users and the progression of capacity building in each agency. Participation and feedback from stakeholders would receive special focus under the project through establishment of Hydrology Data User Groups in all participating states and at the center. The project implementation would be steered and managed through an interactive process approach, which would allow adjustments in annual implementation programs based on an Annual Review process for each participating institution. To ensure adequate focus on the institutional strengthening objectives of the project, each annual review would be preceded by an Institutional Development Review carried out by each institution, including the results and recommendations of state Hydrology Development Workshops, incorporating in particular, feedback from private and public sector data users. 15. Project Sustainabilitv. The project sustainability depends on Government and the participating states recognizing the value of an improved hydrological data base, which in turn depends on data users fully utilizing the services provided. The strong commitment of Government and the participating states to the project already confirms that India recognizes the value of improved water data. In addition, any risk to project sustainability is likely to be naturally contained and diminish over time by growing recognition of the scarcity of water resources in India and the strong premiums placed by state governments and users to reap the benefits from full and accurate analysis of water availability and water quality. This can only be done using an improved hydrological and  - 4 - climate data base. Under conditions of increasing resource scarcity, GOI and donor agencies can be expected to progressively seek more resource information to evaluate development opportunities. It is therefore concluded that the Governments concerned will provide the necessary resources to ensure project sustainability. 16. Agreed Actions. During negotiations, Government agreed to: (a) by March 31, 1996, employ consultants to assist with project implementation and supervision; (b) maintain project coordination arrangements in a satisfactory manner at national and state levels by national steering committee and central and states coordination committees; (c) set up hydrology data user groups at national and state levels respectively; (d) not later than December 31 each year, carry out an annual project implementation review jointly with IDA, and (e). make budgetary provisions sufficient to implement the agreed work programs. 17. Environmental Impact. The beneficial effects of having a reliable and accessible scientific data for future planning and management of water resources will be substantial and outweigh any negative environmental impacts caused by the small physical disturbances (construction of small buildings) that project implementation will entail. The strengthening of the water quality data base will provide substantial environmental and social benefits by resolution of many water development and preservation/conservation issues which at present cannot be effectively evaluated or mitigated because of the lack of reliable data. 1 8. Benefits. The project would generate substantial indirect benefits by greatly improving the water resources and climatic data base of the participating states, and making data easily available to legitimate users from computerized data banks. Reliable water data, with adequate coverage in content, time and space, is the foundation on which all water resource planning, development and management exercises must be based. Without substantial strengthening of the hydrological data bases and making the data easily accessible to users, the National Water Policy or the Bank's Water Resources Management Policy cannot be successfully implemented in India. Furthermore, without the project, the consequences of having to make 'best guess' decisions on the availability, allocation and use of water resources will become increasingly more damaging to the Indian economy as water resources become more scarce and the competition between users increases. 19. Economic Justification. Although estimated project costs are known in detail, on the benefits side, it is not possible to estimate the value of India's existing hydrological data, or to quantify the marginal benefit of any improvement to the data base which would result from project investments. Consequently, a conventional marginal economic analysis cannot be made for the project. Instead, a risk assessment approach has been adopted to justify the project which calculates the value that a rational agent would pay to acquire a data base to make a sound development decision. Project justification then depends on identifying and quantifying marginal returns in indirect benefits (or savings in indirect costs) that would justify implementing and sustaining the improved data bases. 20. On the above premise, the economic impact of improved hydrological and hydrometeorological information can accrue in two classes of decision making: (a) investment decisions in which water resources availability is a dominant deterninant (i.e., irrigated agriculture, water supply and sanitation, industrial use, etc.); and (b) operational decisions in existing enterprises in which water is an essential input to achieve predicted impact. Analysis shows that very small improvements in the decision making processes related to development and management of water resources would fully justify the project investments. For example, the project would be entirely paid for if improved water information can either: (a) cause savings in investment decisions of only 0.6% of likely future investments in the water related sectors; or (b) improve routine operational decisions by only about 0.005% where water is a dominant determinant in enterprises generating some 22% of the Indian economy (i.e., in agriculture, food, fishing and hydroelectricity power generation, etc.). 21. Risks. The main project risks are known from the work undertaken for project preparation and appraisal. The general risks all stem from the historical lack of interest and priority at national and  - 5 - state levels in hydrology. An adequate and reliable information base has been a luxury, rather than an essential prerequisite, for effective planning, design and management of water related development. Nonetheless, the fact that GOI and the participating states have requested support for the proposed project strongly indicates their commitment to project success. The institutional risks include the need to set up and subsequently maintain the organizational arrangements (particularly related to data processing and laboratory facilities), provide qualified staffing and funding of agencies, and progressively strengthen the institutions involved. Specific actions proposed to address these risks include: (a) the special focus on institutional strengthening supported by detailed annual reviews as discussed in para 14; (b) improved coordination between all implementing agencies and with users of hydrological data; and (c) strong support of technical assistance, training and incremental O&M activities. Technical risks are small and mainly relate to quality control of the project development process. All proposed technologies have been tested and used outside India-- and many within India--and are proven to be effective. This risk is contained by flexible project planning with adjustable annual work programs for agencies to be decided at annual review process. The project also contains technical risks by: (a) standardization of data collection, validation and storage; (b) attention to quality control and monitoring and evaluation of all aspects of project performance; and (c) technical coordination to ensure that lessons learned are shared by all concerned agencies 22. Recommendation. I am satisfied that the proposed Credit would comply with the Articles of Agreement of the Association and recommend that the Executive Directors approve it. James D. Wolfensohn President Attachments Washington, DC July 14, 1995  I  6 Schedule A INDIA HYDROLOGY PROJECT Estimated Costs and Financing Plan Estimated Costs: V Local Foreign Total ----------------- US$ Million --------------- Project Components A. Hydrometrv and Data Management (i) MOWR and its Agencies 38.0 8.6 46.6 (ii) India Metereological Department 1.3 0.4 1.7 (iii) Project States 28.2 10.1 38.3 B . Institutional Strengthening (i) Consulting Services 3.3 4.6 7.9 (ii) Training 5.5 0.4 5.9 (iii) Research and Development Services 0.7 0.1 0.8 (iv) Institutional Strengthening and O&M Support 37.8 6 2 44.0 Base Cost 114.8 30.4 145.2 Physical contingencies 9.7 2.0 11.6 Price contingencies 4.1 1.5 5.6 TotalProjectCost 128.5 33.9 162.4 Financing Plan: Local Foreign Total Percent ----------------- US$ Million --------------- Government of India 20.4 0.0 20.4 11 IDA 108.1 33.9 142.0 89 Total Financing 128.5 33.9 162.4 100 a/ Rounded to one decimal place. b/ Including taxes and duties, estimated at US$ 4.0 million  7 Schedule B Page I of 2 INDIA HYDROLOGY PROJECT Procurement Arraneements and Disbursements A. Procurement Arran2ements a! Procurement Method Project Expenditures ICB LCB Other 12/ Total ------------(US$ Million)------------- A. Works c_ 28.5 14.3 42.8 (22.8) (11.6) (34.4) B. Vehicles 2.5 2.7 0.9 6.1 (2.4) (2.6) (0.8) (5.8) C. Equipment and Materials 30.9 10.0 7.6 48.5 (29.2) (9.4) (7.1) (45.7) D. Consultant Services 8.4 8.4 (8.1) (8.1) F. Research and Development 0.7 0.7 (0.6) (0.6) G. Training 6.4 6.4 (6.2) (6.2) H. RecurTent Costs 49.5 49.5 (41.2) (41.2) Total 33.4 41.2 87.8 162.4 (31.6) (34.8) (75.6) (142.0) a/ Figures rounded to one decimal place; figures in parenthesis indicate amounts financed by the Bank. b/ Includes force account, prudent shopping and consultant selection procedures. c/ Iicluding works for surface water observation sites, observation wells and buildings  8 Schedule B Page 2 of 2 INDIA HYDROLOGY PROJECT B. Disbursements (US$ million equivalent) Category Amount Percent of Costs (US$ million) to be Financed lDA Works 31.4 80% of expenditures Goods a/ 47.2 100% of approved expenditures. or a/ Training 5.9 100% of expenditures Consultant Services 7.7 100% of expenditures R&D and Special Studies 0.6 100% of expenditures Incremental Recurrent Costs b/ 37.2 90% /75% /50% of expenditures Unallocated 12.0 Total 142.0 !/ 100% of foreign expenditures for directly imported equipment, 100% for local expenditures (ex-factory prices) for locally manufactured equipment and 80% for locally procured off-the-shelf items. b/ 90% until March 31, 1999; 75% until March 31, 2000; and 50% thereafter. C. Estimated IDA Disbursements a! IDA Fiscal Year 1995 1996 1992 1999 2000 2001 -------------------------------(US$ million)------------------------------------------ Annual - 5.7 15.6 27.0 34.1 34.0 25.6 Cumulative - 5.7 21.3 48.3 82.4 116.4 142.0 a/ rounded to one decimal place.  9 Schedule C INDIA HYDROLOGY PROJECT Timetable of Key Project Processing Events (a) Time taken to prepare: 20 months (b) Prepared by: GOI and the Participating States with IDA Assistance (c) First IDA mission: February 1993 (d) Appraisal mission departure: October 4, 1994 (e) Negotiations: June 5, 1995 (f) Board Presentation August 8, 1995 (g) Planned Effectiveness date: September 20, 1995 (h) List of relevant PCRs and PPARs: None (i) Responsibilities of Preparation: Task Manager: J. Cunningham (SA2NR) Division Chief: S. Barghouti (SA2AW) Department Director: H.Vergin (SA2) Regional Vice President: J.D. Wood (SAS) Peer Reviewers: Matthews, Xie (AGRNR) Frederiksen (ASTEN) Crooks (ASTEN) Robelus (ENVLW) The Appraisal Mission was also joined part-time by an ODA (UK) appraisal team consisting of Messrs. Jackson and Robson (ODA), and Hull and Sunderland (Consultants). The institutional and organizational aspects of the project were further elaborated in 1995 with assistance of specialists from DGIS (Ibe Netherlands) and ODA. Project preparation was also assisted by Messrs./Mmes. Oblitas, Fauss, Myint, J. R. Malhotra, Estoque and Abedin (Bank) and Kraatz and Hasan (FAO/CP).  10 SCHEDULE D PAGE 1 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 US$ 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. 1 128.82 62.59 12/31/96(R) C16310-IN 1986 INDIA NATIONAL AGRIC. RES. 57.21 13.23 06/30/95(R) 017500-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 W/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 (ORIS & 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 11 153.00 148.61 06/30/01 C23940-IN 1992 INDIA POPULATION Vill 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 II (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 PFDSR25 - 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 buirsed 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 111 WATER SUP 20.00 20.00 06/30/95(R) 127960-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 128450-IN 1987 INDIA TALCHER THERMAL 367.00 130.15 03/31/96 128460-IN 1987 INDIA MADRAS WATER SUPPLY 53.00 18.43 12/31/95 128930-IN 1988 INDIA NATIONAL DAIRY 11 200.00 111.00 12/31/95(R) L29281-IN 1988 INDIA IND. FINANCE 1 45.00 6.96 06/30/95(R) L29350-IN 1988 INDIA RAILWAYS MODERNIZ. 1 252.50 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 I 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 11 350.00 306.86 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) By 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 Secats 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 C2316O-lN 1992 INDIA SAL 1 220 00 .00 12/31/1992 C23161-IN 1992 INDIA SAL I 30.00 .00 12/31/1992 C2448O-IN 1993 INDIA SOCIAL SAFETY NETS 87.40 .00 08/31/1994(R) C24481-IN 1993 INDIA SOCIAL SAFETY NETS 89.40 .00 08/31/1994(R) C24482-IN 1993 INDIA SOCIAL SAFETY NETS 203.80 .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 lFC INVESTMENTS (as of March 31. :995) Amount (USE 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 Gloater Industries Ltd. 0.81 0.40 1.21 1964 Lakshmi 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 Chemicais Ltd. 1.05 0.10 1.15 1969-70 Zuari Agro-Chemicals Ltd. 15.15 3.76 18.91 1977-87 Escorts Limiced 15.55 15.55 1978-87/91/93 Housing Development Finance Corp. 106.32 4.05 _10.37 1980/82/87/89 Deepak Fertilizer and Petrocnemicals Corporation Ltd. 7.50 4.23 :1.73 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 15790 1984-86 The Gwalior Rayon Silk Manufacturing (Weaving) Co. Ltd. 15.95 15.95 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 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 55.14 1986-87-91/95 Export-Import Bank of India 39.34 39.34 1987 Gujarat Fusion Glass Ltd. 7.52 :.70 9.22 1987 Gujarat Narmaaa Valley Fertilizer 38.07 38.07 1987 Hero Honda Motors Ltd. 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 Gujarat 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 19.75 130.63 1991 ATIC Industries Export Finance 0.28 -- 0.28 1991 Bombay Electric 68.00 -- 68.00 1991 CESC Ltd. 85.03 -- 55.03 1991 Export Finance - AFDC 0.35 1991 Herdilla oxides and Electronics Ltd. 0-05.29 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 (USS million) Fiscal Year Company Loan Equity Total _ _ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - --- - - -- 1991 INDUS VC MGMTr 0.01 0.01 1991 Block KG-OS-lV 8.20 5.20 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 creditcapical VF 1.11 .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 Barnks -- 3.19 2.19 :994 Chowgule -- 4.58 4.58 :994 Centurion Bank -- 3.87 3.87 1994 GESCO Transport & 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 Commiements Now Held by IFC 634.85 131.81 766.66 Undisbursed 94.99 0.51 95.50 Total outstanding 539.88 131.30 671.18 Source: IFC Statement of Investments as of March 31, 1995.   : 4 :~~~~~~~~~~~~~~~~~~~~~~~~~~