The Union Government, Rajasthan and the World Bank signed a USD 250 million Development Policy Loan (DPL) to support Rajasthan in improving the performance of its Electricity Distribution Sector under the State’s ‘24×7 Power for All’ program.
The loan from the World Bank’s International Bank for Reconstruction and Development (IBRD), has a 3 year grace period and a maturity of 21 years.
Source- The Indian Exopress