23 december 2001
$151 mm world bank loan for karnataka
bangalore: world
bank has agreed to extend a $151.6 million funding to karnataka
for rural water supply and sanitation projects in the state.
the world bank board on 18 december approved the project, which
has a total outlay of $193.44 million, of which $151.6 million
would be funded mainly by the bank.
the world bank has agreed in principle to extend funding to the
state's programme of reconstructing and rejuvenating 3,000 tanks
in the state over a three-year period.
22 december 2001
$200 m insurance compensation claimed for dpc
washington:
enron, general electric and bechtel have sought more than $200
million in compensation from overseas private investment corp. for
losses they incurred in dabhol power company for which the us
agency had provided insurance cover.
