Friday, February 20, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Contract

ADB funded contracts for water project in Madhya Pradesh

Fiinews by Fiinews
June 21, 2017
in Contract, Projects
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

State needs substantial investments for rapid urbanization.

Design-build-operate contracts including 10-years operation and maintenance will be used to implement an Asian Development Bank (ADB)-funded water project in Madhya Pradesh.

The project, with US$275 million ADB loan, will develop sustainable, inclusive, and climate-resilient water supply in 64 small and medium-sized towns, and integrated storm water and sewerage infrastructure in two heritage towns of Khajuraho and Rajnagar.

“A key element of the project is the use of design-build-operate contracts including 10-years operation and maintenance to ensure better sustainability of the water service operation and financial viability,” said L. B. Sondjaja, Deputy Country Director of ADB’s India Resident Mission, who signed the loan with the Indian government on 19 June 2017.

“ADB’s continued support to the State’s urban development, through this project, will improve further the quality, coverage, efficiency, and sustainability of urban service delivery, stabilize and deepen institutional capacity, and improve long term water service management,” assured Sondjaja.

“Madhya Pradesh needs substantial investments to keep pace with rapid urbanization. Availability of continuous piped water supply is vital for improving the urban infrastructure, and it will facilitate improved access to safe drinking water for residents in the project area”, said Raj Kumar, Joint Secretary, Multilateral Institutions, Department of Economic Affairs, Ministry of Finance, who signed on behalf of the Government.

Along with ADB’s loan, the State Government of Madhya Pradesh will provide counterpart support of US$124 million.

The project will run for almost five years with an expected completion date of June 2022. fii-news.com

Tags: Asian Development BankMadhya Pradesh.
ShareTweetShare

Related Posts

DGTV
Projects

Project: Kanpur to host Aeronautics skill centre

by Fiinews
February 20, 2026
0
11

PM Modi announces NCoE for MRO-Airport operation trainings The Prime Minister, Narendra Modi, announced the establishment of a National Centre...

PIB
Projects

Project: ASEAN navies invited to defence ecosystem

by Fiinews
February 20, 2026
0
11

Minister holds talks with ASEAN Navy chiefs Defence Minister Rajnath Singh has invited navies from ASEAN countries partners to benefit...

PIB

Project: India-NZ talk scienctific collaboration

February 19, 2026
12
Renewable UK

Project: India-UK Offshore Wind Taskforce launched

February 19, 2026
14
Modi macron ai forum

Project: Modi-Macron form strategic partnership

February 19, 2026
15
PIB

Project: Minister inaugurates Missile facility

February 18, 2026
12
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: Swiss participation sought in technologies
  • Market: Embraer seeks opportunities in India
  • Project: Kanpur to host Aeronautics skill centre
  • Project: ASEAN navies invited to defence ecosystem
  • Tech: Shodh AI-NVIDIA launch Project Skanda

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.