The States of Andhra Pradesh and Orissa have finalised the Investment Proposals. Around 30% of Detailed Project Reports and Bid documents are ready. The World Bank has completed the Appraisal of the States of Andhra Pradesh and Orissa. The following Components will form part of the Project:
Component A: Last Mile Connectivity(LMC) to disseminate cyclone warnings and advisories from the concerned authorities to the lowest level of the community and to receive feedback from the community by the authorities. Essentially, it will be a two-way communication system connecting the authorities and the community.

Component B: Cyclone Risk Mitigation Investment
     Sub Components: B.1 Construction of Cyclone Shelters,
                                  B.2 Construction of saline embankments and coastal canals,
                                         for improved drainage,
                                  B.3 Shelterbelt plantations,
                                  B.4 Plantation/regeneration of mangroves,
                                  B.5 Construction of missing road links/bridges,
                                  B.6 Awareness generation for cyclone risk mitigation.

Component C: Technical Assistance for Hazard Risk Analysis, Capacity Building, and Damage & Loss assessment

Component D: Project Management and Monitoring.

2.) World Bank's Appraisal

The World Bank mission visited Andhra Pradesh and Orissa between the 30th November and 5th December, 2009 - the two states under Phase I of the proposed Adaptable Program Loan (APL), and held further discussions in Delhi with NDMA, NIDM and DEA. Based on the discussions and review of the project documentation, the mission concluded that the proposed project (NCRMP) meets the quality and readiness criteria for launching the implementation of Phase I (IDA Credit of US$ 247 million),to be implemented between 2010 and 2015. Being satisfied with the preparation of implementing agencies in the Centres and States for Phase I of the project, the World Bank has declared completion of project appraisal. Technical discussions on the project documents were held between February 16 to 18, 2010. The Expenditure Finance Committee of Government of India considered the NCRMP on 7.4.10 and decided to recommend for approval by the Cabinet Committee on Economic Affairs. The final negotiations for the project were held between GoI, the two project states of AP and Orissa and World Bank on 17.5.10.
The Board of Executive Directors of the International Development Association (World Bank) approved to fund the National Cyclone Risk Mitigation Project 1 at a total cost of US $ 319 million with the Bank contribution being US $ 255 million at its meeting held on 22.6.2010. The full Planning Commission under the chairpersonship of the Hon'ble Prime Minister has approved the project as a Centrally Sponsored Scheme on 8.11.2010. The state of Odisha has floated two rounds of bids on 16.5.10 and 23.8.10 and the state of Andhra Pradesh three rounds of bids on 11.6.10, 17.7.10 and 4.11.10 totalling INR 174.07 crore.