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of <h1>India Secures $250M World Bank Loan for Rajasthan's Electricity Distribution Reform under 24x7 Power for All Program.</h1> India has secured a USD 250 million loan from the World Bank to support the 'First Programmatic Electricity Distribution Reform Development Policy Loan for Rajasthan.' The agreement was signed by representatives from India's Department of Economic Affairs and the World Bank. The initiative aims to enhance governance, financial restructuring, and operational performance within Rajasthan's electricity distribution sector, as part of the 24x7 Power for All program. The project is structured as a result-based financing program, with funds disbursed upon meeting specific performance indicators.
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