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World Bank Document jOFFMCIALL -/' The World Bank DOC Phone: +911141479301/+911149247601 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT tlm = Mailing Address: P.0 Box 416 INTERNATIONAL DEVELOPMENT ASSOCIATION New DeIIW- 110 00i February 10, 2016 Mr. Raj Kunar Public Disclosure Authorized Joint Secretary (MI) Department of Economic Affairs Ministry of Finance Government of India Room 40B, North Block New Delhi Dear Mr. Kumar: India: West Bengal Accelerated Development of Minor Irrigation Project Loan No. IN-80900/' Partial Cancellation of Loan Proceeds We refer to the Loan Agreement ("Loan Agreement") between India ("Borrower") and the Public Disclosure Authorized International Bank for Reconstruction and Development ("World Bank"), dated December 21, 2011 for the West Bengal Accelerated Development of Minor Irrigation Project. We also refer to the Department of Economic Affair's letter dated January 27, 2016 whereby the Borrower requested the cancellation of an amount equal to US$95 million of the above- captioned Loan. In view of the foregoing, and in accordance with the provisions of Section 7.01 of the General Conditions of Loans applicable to the Loan Agreement, the World Bank hereby cancels an amount of the Loan equal to US$ 95,000,000 from Categories 1 and 2 of the Table shown in Section IV of Schedule 2 to the Loan Agreement. The disbursement table set forth in Section IV of Schedule 2 to the Loan Agreement is Public Disclosure Authorized accordingly revised to read as shown in the attachment to this letter. The commitment charges on the total amount cancelled cease to accrue from February 1, 2016. Yours sincerely, Onno Ruhl Country Director, India AGREED on behalf of INDIA: By: _____ q___ Public Disclosure Authorized Name: ,VTM 7EM---,Z/ HAJ K~UIVAR *"-erk /Joint Secretary Title: f 1 r /Ministry of Finance onth 14d f wttooptt. of Eco. Affairs T ovt. of India Date: 4 D Headquarter'-' Washington DC L~USA Mr. Raj Kumar -2- February 10, 2016 Attachment West Bengal Accelerated Development ofMinor Irrigation Project Loan No. IN-80900 Partial Cancellation of Loan Proceeds Revised Withdrawal Table Category Amount of the Percentage of Expenditures Loan Allocated to be Financed (expressed in (Inclusive of Taxes) USD) 1(1) Goods, works, non-consulting 890.828 100% services, consultants' services, Training and Operating costs under Part A, Part C and Part D of the Project (2) Goods, works, non-consulting 28,796,672 79% services, consultants' services, Training and Operating costs under Part B of the Project (3) Front-end Fee 312,500 Amount payable pursuant to Section 2.03 of this Agreement in accordance with Section 2.07(b) of the General Conditions Cancellation as of February 1, 2016 95,000,000 TOTAL AMOUNT 125,000,000 Mr. Raj Kumar -3- February 10, 2016 cc: Mr. Subhash Chandra Garg. Executive Director (India), World Bank Mr. Neeraj Mittal, Senior Adviser to ED India, World Bank Mr. Rishikesh Singh, Director, Department of Economic Affairs, Ministry of Finance, Government of India Mr. S. G. Dastidar, Controller of Aid Accounts & Audit, Department of Economic Affairs, Ministry of Finance, Gol, New Delhi Mr. Shashi Shekhar, Secretary, Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India, Mr. Naveen Prakash, Principal Secretary, Irrigation and Minor Irrigation, Government of West Bengal Mr. Kaushik Chatterjee, Secretary, Department of Water Resources Investigation and Development, Government of West Bengal Mr. Sanjeev Chopra, Secretary, Department of Agriculture, Government of West Bengal Mr. H. K. Dwivedi, Principal Secretary, Department of Finance, Government of West Bengal Mr. Sumanta Chaudhuri, Principal Secretary. Department of Fisheries, Government of West Bengal Mr. Suresh Kumar, Secretary, Department of Disaster Management, Government of West Bengal Mr. Chandan Sinha, Principal Secretary, Department of Environment, Government of West Bengal Mr. C.M. Bachhawat, Addl. Chief Secretary, Food Processing Industries & Horticulture Department, Government of West Bengal Mr. Kishor KLmar Nag. Choudhury, Engineer-in-Chief and Ex-Offcio Secretary, and Project Director, West Bengal Accelerated Development of Minor Irrigation Project, Department of Water Resources Investigation & Development. Government of West Bengal Mr. N. Naha, Director, State Water Investigation Directorate, Government of West Bengal.
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