West Bengal gets US$135 million World Bank loan

West Bengal's rapid economic expansion has resulted in an increase in electricity demand of 4.5 percent over the last five years.

West Bengal gets US$135 million World Bank loan
Photo by Andrey Metelev / Unsplash

In order to improve the operational efficiency and reliability of electricity supply in selected areas of West Bengal, India, the World Bank’s board of directors has approved a $135 million loan to the state.

West Bengal has a key role in supporting and developing regional power commerce due to its location along the corridors to the Northeast and Southeast Asia. The state has already begun to facilitate electricity trade with Bangladesh.