Himachal Pradesh Development Policy Loan 1

Abstract*

The First Himachal Pradesh Development Policy Loan and Credit Project of India supports the medium term program of the Government of Himachal Pradesh (GoHP). The overarching objective of the proposed loan/credit is to support the implementation of critical structural, fiscal, and administrative reforms needed to achieve sustainable and rapid economic growth and inclusive development over the medium term, while sustaining the environmental heritage... Show More

Development Objective

The overarching objective of HPDPL1 is to support the implementation of critical structural, fiscal, and administrative reforms needed to achieve sustainable and rapid economic growth and inclusive development over the medium term, while sustaining the environmental heritage of the state. The priority areas for the operation will be fiscal adjustment, and promotion of environmentally sustainable development, with particular reference to the development of hydropower. The overall program also supports reforms to enhance growth and employment, especially in the private sector, and improve governance and public administration.

Key Details

Project Details

Project ID
P105124
Status
Closed
Team Leader
Mohan Nagarajan
Borrower 2
N/A

Country
India
Disclosure Date
May 15, 2007
Approval Date
(as of board presentation)
September 25, 2007
Effective Date
July 6, 2007

Total Project Cost 1
US$ 200.00 million
Implementing Agency
N/A
Region
South Asia
Fiscal Year 3
2008

Commitment Amount
US$ 200.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2009

Last Stage Reached
BANK APPROVED
Last Update Date
June 7, 2022

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Fiscal Policy12%
- FY17 - Fiscal sustainability12%

FY17 - Environment and Natural Resource Management

FY17 - Climate change11%
- FY17 - Mitigation11%
FY17 - Environmental policies and institutions22%

FY17 - Private Sector Development

FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration33%
- FY17 - Administrative and Civil Service Reform22%
- FY17 - Transparency, Accountability and Good Governance11%
FY17 - Public Finance Management23%
- FY17 - Debt Management12%
- FY17 - Public Expenditure Management11%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	135.00
IDA Credit	65.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	135.00
IDA Commitment	65.00
IBRD + IDA Commitment	200.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	200.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 15, 2020	IBRD-48710	Int Charges	294,724.56
Dec 15, 2020	IBRD-48710	Loan Repay	4,430,000.00
Mar 15, 2021	IDA-43600	Loan Repay	758,880.00
Mar 15, 2021	IDA-43600	Int Charges	156,519.02
Mar 15, 2021	IDA-43600	Int Charges	156,519.02
Sep 15, 2019	IDA-43600	Loan Repay	3,512.40
Sep 15, 2019	IDA-43600	Loan Repay	1,455,480.80
Sep 15, 2019	IDA-43600	Int Charges	164,136.69
Sep 15, 2019	IDA-43600	Int Charges	164,136.69
Mar 15, 2020	IDA-43600	Loan Repay	13,676.09
Mar 15, 2020	IDA-43600	Loan Repay	1,450,618.90
Mar 15, 2020	IDA-43600	Int Charges	159,242.06
Mar 15, 2020	IDA-43600	Int Charges	159,242.06
Dec 15, 2019	IBRD-48710	Int Charges	1,200,647.80
Dec 15, 2019	IBRD-48710	Loan Repay	4,185,000.00
Mar 15, 2019	IDA-43600	Int Charges	850.75
Mar 15, 2019	IDA-43600	Int Charges	850.75
Jun 15, 2019	IBRD-48710	Int Charges	1,519,506.90
Jun 15, 2019	IBRD-48710	Loan Repay	4,070,000.00
Sep 15, 2018	IDA-43600	Int Charges	177,987.19
Sep 15, 2018	IDA-43600	Int Charges	23,990.97
Sep 15, 2018	IDA-43600	Int Charges	23,990.97
Sep 15, 2018	IDA-43600	Loan Repay	766,773.56
Sep 15, 2018	IDA-43600	Loan Repay	723,595.20
Sep 15, 2018	IDA-43600	Int Charges	177,987.19
Dec 15, 2018	IBRD-48710	Int Charges	1,382,385.80
Dec 15, 2018	IBRD-48710	Loan Repay	3,955,000.00
Mar 15, 2019	IDA-43600	Loan Repay	1,479,382.50
Mar 15, 2019	IDA-43600	Int Charges	171,978.23
Mar 15, 2019	IDA-43600	Int Charges	171,978.23
Sep 15, 2017	IDA-43600	Loan Repay	1,992.37
Sep 15, 2017	IDA-43600	Int Charges	152,941.45
Sep 15, 2017	IDA-43600	Int Charges	152,941.45
Sep 15, 2017	IDA-43600	Loan Repay	1,510,805.80
Mar 15, 2018	IDA-43600	Int Charges	40,767.26
Mar 15, 2018	IDA-43600	Int Charges	40,767.26
Mar 15, 2018	IDA-43600	Loan Repay	1,544,120.60
Mar 15, 2018	IDA-43600	Int Charges	166,228.69
Mar 15, 2018	IDA-43600	Int Charges	166,228.69
Dec 15, 2017	IBRD-48710	Int Charges	897,771.80
Mar 15, 2024	IDA-43600	Int Charges	122,028.65
Mar 15, 2024	IDA-43600	Int Charges	122,028.65
Sep 25, 2007	IBRD-48710	Loan Commitment	135,000,000.00
Sep 25, 2007	IDA-43600	Loan Commitment	65,000,000.00
Jun 15, 2024	IBRD-48710	Int Charges	10,557.07
Jun 15, 2024	IBRD-48710	Int Charges	1,482,147.80
Jun 15, 2024	IBRD-48710	Loan Repay	5,405,000.00
Sep 15, 2023	IDA-43600	Loan Repay	1,381,186.60
Sep 15, 2023	IDA-43600	Loan Repay	19,953.42
Sep 15, 2023	IDA-43600	Int Charges	126,102.60
Sep 15, 2023	IDA-43600	Int Charges	126,102.60
Jun 15, 2023	IBRD-48710	Int Charges	1,462,639.60
Jun 15, 2023	IBRD-48710	Loan Repay	5,105,000.00
Jun 15, 2023	IBRD-48710	Int Charges	80,807.68
Dec 15, 2023	IBRD-48710	Int Charges	30,950.82
Dec 15, 2023	IBRD-48710	Int Charges	1,544,917.50
Dec 15, 2023	IBRD-48710	Loan Repay	5,250,000.00
Mar 15, 2024	IDA-43600	Loan Repay	41,449.29
Mar 15, 2024	IDA-43600	Loan Repay	1,373,375.80
Sep 15, 2022	IDA-43600	Loan Repay	1,357,629.20
Sep 15, 2022	IDA-43600	Loan Repay	18,212.59
Sep 15, 2022	IDA-43600	Int Charges	134,144.55
Sep 15, 2022	IDA-43600	Int Charges	134,144.55
Dec 15, 2022	IBRD-48710	Int Charges	1,043,127.25
Dec 15, 2022	IBRD-48710	Loan Repay	4,960,000.00
Mar 15, 2023	IDA-43600	Int Charges	132,603.98
Mar 15, 2023	IDA-43600	Int Charges	132,603.98
Mar 15, 2023	IDA-43600	Loan Repay	16,791.76
Mar 15, 2023	IDA-43600	Loan Repay	1,397,650.80
Sep 15, 2021	IDA-43600	Int Charges	152,499.30
Sep 15, 2021	IDA-43600	Int Charges	152,499.30
Sep 15, 2021	IDA-43600	Loan Repay	7,780.61
Jun 15, 2022	IBRD-48710	Int Charges	216,532.23
Jun 15, 2022	IBRD-48710	Loan Repay	4,825,000.00
Mar 15, 2022	IDA-43600	Int Charges	145,637.88
Mar 15, 2022	IDA-43600	Int Charges	877.45
Mar 15, 2022	IDA-43600	Int Charges	877.45
Mar 15, 2022	IDA-43600	Loan Repay	732,769.06
Dec 15, 2014	IBRD-48710	Loan Repay	3,150,000.00
Mar 15, 2015	IDA-43600	Loan Repay	55,465.44
Mar 15, 2015	IDA-43600	Loan Repay	1,330,768.60
Mar 15, 2015	IDA-43600	Int Charges	213,026.58
Mar 15, 2015	IDA-43600	Int Charges	213,026.58
Sep 15, 2014	IDA-43600	Int Charges	239,021.06
Sep 15, 2014	IDA-43600	Int Charges	239,021.06
Sep 15, 2014	IDA-43600	Int Charges	2,575.20
Sep 15, 2014	IDA-43600	Int Charges	2,575.20
Sep 15, 2014	IDA-43600	Loan Repay	1,593,473.80
Dec 15, 2013	IBRD-48710	Int Charges	315,620.88
Dec 15, 2013	IBRD-48710	Loan Repay	2,975,000.00
Sep 15, 2013	IDA-43600	Int Charges	5,406.59
Sep 15, 2013	IDA-43600	Int Charges	5,406.59
Sep 15, 2013	IDA-43600	Int Charges	233,472.62
Sep 15, 2013	IDA-43600	Int Charges	233,472.62
Mar 15, 2014	IDA-43600	Int Charges	3,278.75
Mar 15, 2014	IDA-43600	Int Charges	3,278.75
Mar 15, 2014	IDA-43600	Int Charges	244,503.75
Dec 15, 2017	IBRD-48710	Loan Repay	1,102,610.00
Dec 15, 2017	IBRD-48710	Loan Repay	1,157,151.00
Dec 15, 2017	IBRD-48710	Loan Repay	1,475,239.10
Jun 15, 2018	IBRD-48710	Int Charges	1,041,850.94
Jun 15, 2018	IBRD-48710	Loan Repay	3,845,000.00
Sep 15, 2016	IDA-43600	Loan Repay	1,487,829.40
Sep 15, 2016	IDA-43600	Int Charges	193,093.97
Sep 15, 2016	IDA-43600	Int Charges	193,093.97
Sep 15, 2016	IDA-43600	Int Charges	12,500.71
Sep 15, 2016	IDA-43600	Int Charges	12,500.71
Jun 15, 2016	IBRD-48710	Int Charges	532,278.40
Jun 15, 2016	IBRD-48710	Loan Repay	3,430,000.00
Dec 15, 2016	IBRD-48710	Int Charges	637,122.90
Dec 15, 2016	IBRD-48710	Loan Repay	3,530,000.00
Mar 15, 2017	IDA-43600	Int Charges	188,205.94
Mar 15, 2017	IDA-43600	Int Charges	188,205.94
Jun 15, 2017	IBRD-48710	Int Charges	835,032.94
Jun 15, 2017	IBRD-48710	Loan Repay	3,630,000.00
Mar 15, 2017	IDA-43600	Int Charges	7,481.87
Mar 15, 2017	IDA-43600	Int Charges	7,481.87
Mar 15, 2017	IDA-43600	Loan Repay	1,433,950.00
Jun 15, 2015	IBRD-48710	Int Charges	273,428.72
Jun 15, 2015	IBRD-48710	Loan Repay	3,240,000.00
Mar 15, 2015	IDA-43600	Loan Repay	70,357.77
Dec 15, 2015	IBRD-48710	Loan Repay	3,335,000.00
Sep 15, 2015	IDA-43600	Loan Repay	68,969.15
Sep 15, 2015	IDA-43600	Loan Repay	1,429,687.10
Sep 15, 2015	IDA-43600	Int Charges	197,923.36
Sep 15, 2015	IDA-43600	Int Charges	197,923.36
Dec 15, 2015	IBRD-48710	Int Charges	346,772.80
Mar 15, 2016	IDA-43600	Int Charges	15,449.33
Mar 15, 2016	IDA-43600	Int Charges	15,449.33
Mar 15, 2016	IDA-43600	Loan Repay	1,480,848.80
Mar 15, 2016	IDA-43600	Int Charges	193,025.70
Mar 15, 2016	IDA-43600	Int Charges	193,025.70
Mar 15, 2014	IDA-43600	Int Charges	244,503.75
Jun 15, 2014	IBRD-48710	Loan Repay	3,060,000.00
Jun 15, 2014	IBRD-48710	Int Charges	267,657.78
Dec 15, 2014	IBRD-48710	Int Charges	249,933.78
Sep 15, 2021	IDA-43600	Loan Repay	515,833.84
Sep 15, 2021	IDA-43600	Loan Repay	233,948.03
Jun 15, 2020	IBRD-48710	Int Charges	952,635.50
Jun 15, 2020	IBRD-48710	Loan Repay	4,305,000.00
Sep 15, 2020	IDA-43600	Loan Repay	748,702.44
Sep 15, 2020	IDA-43600	Loan Repay	3,887.54
Sep 15, 2020	IDA-43600	Int Charges	141,163.64
Sep 15, 2020	IDA-43600	Int Charges	141,163.64
Mar 15, 2022	IDA-43600	Int Charges	145,637.88
Dec 15, 2021	IBRD-48710	Int Charges	177,327.00
Dec 15, 2021	IBRD-48710	Loan Repay	4,690,000.00
Mar 15, 2021	IDA-43600	Int Charges	17,021.34
Mar 15, 2021	IDA-43600	Int Charges	17,021.34
Jun 15, 2021	IBRD-48710	Int Charges	214,742.31
Jun 15, 2021	IBRD-48710	Loan Repay	4,555,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Program Management	Satisfactory	2009-07-13
Progress towards achievement of PDO	Satisfactory	2009-07-13
Monitoring and Evaluation	Satisfactory	2009-07-13

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2010
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 01-13-2011	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework