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Damodar |
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Damodar
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11) The first World Bank developing country loan, to Chile in 1948, was for hydroelectric dam construction; the first power loan in Asia was to India in 1950, for the Damodar dam project; the first loan to Japan, in 1953, was also for power plant construction (see table 2). One member after another referred to British nationalization and Roosevelt's TVA, the latter as an explicit model for the Damodar Valley Corporation. Damodar Reddy from his role as President, Chief Executive Officer and Interim Chief Financial Officer. |
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