India Development News & Foreign Investment Opportunities

ADB’s US$206m for water-sewerage projects

Projects in five Tamil Nadu cities

0

Projects in five Tamil Nadu cities

 

Tamil Nadu Govt.
Tamil Nadu

 

The Asian Development Bank (ADB) has signed a US$206 million loan to develop water supply and sewerage infrastructure in five cities of Tamil Nadu and strengthen capacities of urban local bodies (ULBs) for improved service delivery.

The loan was signed with the Indian Government on 2nd December 2019, said the Finance Ministry.

This is the second project loan for the ADB-supported US$500 million multi-tranche financing for Tamil Nadu Urban Flagship Investment Programme, approved in September 2018.

The programme will overall develop climate-resilient water supply, sewerage, and drainage infrastructure in 10 cities of Tamil Nadu. The first project under the Programme with US$169 million financing is currently under implementation.

“The project is aimed at improving the lives of the urban people in the identified cities of Tamil Nadu by providing universal access to water supply and sanitation,” said Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs.

“It is for improving sewage treatment and drainage systems. Project initiatives are also expected to help the state develop the requisite ecosytem for economic growth,” said Khare after signing the loan agreement.

“The project interventions will benefit residents, workers and industries in the state’s economic corridors thereby building industrial competitiveness and creating good jobs. It also supports urban reform agenda such as better service delivery through private operators and with quality benchmarking,” said Kenichi Yokoyama, Country Director of ADB’s India Resident Mission.

The project will target four cities — Ambur, Tiruchirappalli, Tiruppur, and Vellore — for developing sewage collection and treatment and drainage systems by setting up or rehabilitating sewage treatment plants, pumping stations, and connecting all households in the project area to the sewerage network, including below poverty line households.

Wastewater reuse for industry will also be achieved in at least 4 cities, said the Ministry.

Improvement to water supply systems would be targeted in the cities of Madurai and Tiruppur through commissioning of over 1,260 km of new distribution lines to connect nearly 190,000 households with metered water supply, including below poverty line households.

In addition, nearly 200 km of new transmission mains and 230 km of feeder mains would be constructed along with two new water treatment plants.

The project will also strengthen capacity of the Commissionerate of Municipal Administration in Tamil Nadu for new project development, and monitoring and benchmarking quality of services across the 135 urban local bodies in the state.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.

In 2018, it made commitments of new loans and grants amounting to US$21.6 billion. Established in 1966, it is owned by 68 members — 49 from the region. fiines.com

Leave A Reply

Your email address will not be published.