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Lesson
Projects with complex technical requirements, such as this one on railway rolling stocks, need to hire a panel of experts to support the project team throughout procurement, supply, and commissioning. The financial closing of this project was delayed due to various reasons related to the complexity of technical specifications and the Bangladesh Railway's (BR) requirements for locomotives.

Project Number: 49094-001
Project Name: Railway Rolling Stock Project
Report Date:
Lesson
The choice of a multifinancing facility (MFF)\ as the financing modality for a proposed investment needs to be adequately justified, with due consideration of the fulfillment of preconditions, scope of tranches, and the extent to which an MFF would generate potential value addition in terms of efficiency, portfolio performance, and development results as compared to standalone project-based loans.

Project Number: 37139-023
Project Name: Uttaranchal Power Sector Investment Program - Tranche 1
Report Date:
Lesson
Prompt reporting of changes in government priorities and their impact on the project scope and activities will enable adaptive measures to be timely undertaken.

Project Number: 38272-013, 38272-033
Project Name: Uttarakhand Urban Sector Development Investment Program – Tranche 2 and Multitranche Financing Facility
Report Date: