India, World Bank sign agreement for DPL loan to Himachal
The agreement was signed by Usha Titus, Joint Secretary, Department of Economic Affairs on behalf of the Indian g and Shrikant Baldi, Principal Secretary (Finance), on behalf of the Himachal Pradesh government and Onno Ruhl, World Bank Country Director in India, on behalf of the World Bank.
The Loan agreement signed here on Wednesday will be financed by the Clean Technology Fund (CTF).
"It will help Himachal Pradesh bring in better policies and practices to guide the development of sustainable hydropower; adapt and mitigate the effects of climate change; empower local communities to conserve their watersheds better; promote cleaner methods of industrial production; promote environmentally sustainable tourism; and integrate GIS in decision making," read a government statement.
The government of Himachal Pradesh is the implementing agency.
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