FRAMEWORK FINANCING AGREEMENTFramework Financing Agreement • March 7th, 2012
Contract Type FiledMarch 7th, 2012Parties This Framework Financing Agreement (“FFA”) dated 31 January 2011 is between India, acting by its President (“INDIA”), and Asian Development Bank (“ADB”). MFF Investment Program INDIA is committed to and will implement the Bihar Urban Development Investment Program, which is an integral part of the Roadmap for Bihar. Both the Roadmap and the Investment Program are described in Schedule 1 hereto. The total cost of the Bihar Urban Development Investment Program over the period 2012 to 2021 is expected to be $286 million (two hundred eighty six million US dollars) equivalent. The total cost of the Roadmap, over the period 2010 to 2021 is expected to be $835 million (eight hundred thirty five million US dollars) equivalent. Multitranche Financing Facility The Multitranche Financing Facility (the Facility) is intended to finance subprojects under the Investment Program provided that such subprojects comply with the criteria set out in Schedule 4 hereto and that understandings set out