The Expenditure Finance Committee (EFC) on June 7, 2018 approved the revised cost estimate of the Dam Rehabilitation & Improvement Project (DRIP) for Rs 3466 crore and extended time period for conclusion of the project till June 2020
The approval came during a meeting of the EFC under the Chairpersonship of Secretary, Department of Expenditure that was held to consider the proposal of Union Ministry of Water Resources, River Development and Ganga Rejuvenation for revised cost estimate of the DRIP.
The meeting was attended by officials of Ministry of Power, Ministry of Agriculture and Farmers Welfare, NITI Ayog and Ministry of Environment.
About Dam Rehabilitation & Improvement Project (DRIP)
DRIP is a state sector scheme with central component to improve safety and operational performance of selected dams, along with institutional strengthening with system wide management approach.
When was the project launched?
The project, with financial support from the World Bank, was launched in 2012 with a total financial outlay of Rs 2100 Crore with State component of Rs 1968 Crore and Central Component of Rs 132 Crore.
The Scheme commenced in April 2012 and was originally scheduled for six years with closure in June 2018.
Three main components
The project consists of three main components:
- Rehabilitation of selected dams and their appurtenances
- Institutional Strengthening
- Project Management
Participating States and Agencies
The participating States/Agencies in the DRIP are Damodar Valley Corporation, Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu, Uttarakhand Jal Vidyut Nigam Limited and Central Water Commission.
Initial funding allocated for dams in various states: