<h1>India, Rajasthan, and World Bank Ink $250M Deal to Boost Electricity Distribution Reforms under 24x7 Power for All Initiative.</h1> The Government of India, Government of Rajasthan, and the World Bank have signed a $250 million agreement to enhance electricity distribution reforms in Rajasthan. This initiative, part of the 24x7 Power for All program, aims to improve the performance of Rajasthan's Electricity Distribution Utilities (DISCOMs), which serve 9.5 million customers. The program focuses on governance, financial restructuring, and operational efficiency, including performance management, debt transfer, and cost reduction. It supports broader reforms under the Ujwal DISCOM Assurance Yojna (UDAY) and the Rajasthan State Electricity Distribution Management Responsibility Act, aiming for fiscal sustainability and reliable power supply. The loan has a 21-year maturity with a 3-year grace period.