India - Bokaro - Konar Power Project

Z,Af -;V3 - / No. P 2 tH v 17 '1 '- LIs,, ,13 V . RESTRICTED This report is restricted to use within the Bank. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT REPORT AND. RECOMMENDATIONS OF THE PRESIDENT TO THE BOARD OF EXECUTIVE DIRECTORS ON THE BOKARO-KONAR PROJECT LOAN APPLICATION OF INDIA iETUfl- TO April 13, 1950 [:- E L i ~~~. .  CONFIDENTIAL INTERNATIONAL BANK FOR RECONsTRUCTION AND DEVELOMENT REFORT ANTD RECOiMENDATIUNS OF THS PRE6IDENT TO THE EXECUTIVE DTRECTORTSCONCERN1ING PROPOSED LQAN rTo INJDIA 1. I submit the following report and recommendations with regard to an appli.cation from the Government of India for a loan of $18,500,000 for the Bokaro-Konar project. PART I - Historical 2. The Bank has made two loans to India for a total amount of $h4,0oo,OOO, namely, (a) on August 18, 1949, a loan of 034,000,000