World Bank representatives arrive in Imphal to assess feasibility of sanctioning loan to state for improvement of Power sector

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IMPHAL, June 9: A five member representatives of the World Bank Group have arrived in the state capital this morning to assess feasibility of the technical implications to sanction fund in the form of loan to Manipur government meant for improvement of power sector.
According to an official source, the state government while considering the difficulties towards the development aspects to both public and private sectors in terms of development caused by accumulating irregularities of proper power supply in the state, the state government had decided to sought financial assistance from the World Bank in terms of Loan which will be invested for the improvement of power supply in the state.
The visit is in respond the official approach made by Manipur government.
The five membered team of the World Bank group is led by two senior energy specialists Rohit Mutal and Mukul Matindra of the Worl Bank Group. The other members are Kavita Saraswati, senior engineer, Survi Goyal and Mudit Naraian,  operation analysts.
They arrived at the state capital today and attended series of meeting at the conference hall of Old Secretariat Imphal which started from 11 am under the chair of state chief secretary DS Poonia.
The official source further mentioned that the visiting team of the World Bank attended the introductory meeting this morning at 11.am and later analyzed official documentations tabled by the state concerned departments through state government seeking additional monetary assistance from the World Bank for the improvement of the power supply in the state.
The meeting was also attended by head of departments of Power, Planning and Finance.
The joint official meeting was resumed at 3pm this afternoon and reviewed the official presentation of the state government along with the visiting official representatives of World Bank Group and officials of power department on the operational and financial health of power sector, key challenges facing the sector and the department.
It is reported that the high level meeting today also discussed on the current institutional capacity and state power department in technical procurement/ contacting Planning, finance/account, environment, social and personal areas, schemes propose to covered under the project and works already done as well as implementation of RGGVSY and R/APBRP and their linkage with proposed schemes during the late hours this evening and concluded at 6.45 pm.
The source also mentioned that the visiting official representatives of World Bank Group will continue to attend the joint meeting with the Commissioner finance VK Dewangan and Special Secy. Planning Sajjad Hassan tomorrow morning at 10 am at Old Secretariat Imphal and will be followed by D-briefing meeting with the Principal Secy. LP Golmei at the same venue at 11 am and the visiting official representatives will leave Imphal for Delhi at 5 pm after collecting all source of needful documentations and comments made by the series of official level meeting to initiate needful proceedings to allow the state government to get loans from the World bank which meant for the improvement of power supply in the state, the official source added.

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