Cabinet approves Externally Aided Dam Rehabilitation and Improvement Project – Phase II and Phase III
About Dam Rehabilitation and Improvement Project(DRIP)
- DRIP aims to improve the safety and operational performance of selected dams across the whole country, along with institutional strengthening with a system wide management approach.
- The project cost is Rs 10,211 crore.
- DRIP will be implemented over a period of 10 years duration in two Phases, each of six years duration with two years overlapping from April, 2021 to March, 2031
- The share of external funding(World Bank & Asian Infrastructure Investment Bank) is Rs 7,000 crore of the total project cost, and balance Rs 3,211 crore is to be borne by the concerned Implementing Agencies (IAs).
- The contribution of Central Government is Rs 1,024 crore as loan liability and Rs 285 crore as counter-part funding for Central Component.
- The Scheme envisages comprehensive rehabilitation of 736 existing dams located across the country.
DRIP Phase II & Phase III envisages the following objectives:
- To improve the safety and performance of selected existing dams and associated appurtenances in a sustainable manner.
- To strengthen the dam safety institutional setup in participating states as well as at central level, and
- To explore the alternative incidental means at few of selected dams to generate the incidental revenue for sustainable operation and maintenance of dams
To achieve the above objectives, DRIP Phase II & Phase III has following components:
- Rehabilitation and improvement of dams and associated appurtenances,
- Dam safety institutional strengthening in participating States and Central agencies,
- Exploration of alternative incidental means at few of selected dams to generate the incidental revenue for sustainable operation and maintenance of dams, and
- Project management.