Second Dam Rehabilitation and Improvement Project - Additional Financing (DRIP -3)

pipeline

The proposed Dam Rehabilitation and Improvement Project – 2 (DRIP – 2) will build on the lessons and successes of the first DRIP. The project will finance structural improvements but would break with the prevailing ‘build-neglect-rebuild’ approach by giving greater emphasis to establishing sustainable mechanisms for financing regular O&M and periodic dam rehabilitation, enhancing State capabilities to manage these critical assets through institutional reform and strengthening, and introducing risk-based dam management. The project would address dam safety concerns in the participating States (including institutional reforms and modernization, instrumentation, etc.), although dam rehabilitation per se will focus on a selection of dams within the States.