Monday, 05 Oct 2026 Breaking: Brazil polls close as Lula faces Bolsonaro in polarised presidential election
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Govt of India, ADB sign USD 230 million loan agreement to upgrade Chennai's water and sanitation systems

Govt of India, ADB sign USD 230 million loan agreement to upgrade Chennai's water and sanitation systems

Chennai (Tamil Nadu) [India], August 21 (ANI): The Government of India and the Asian Development Bank (ADB) today, signed a USD 230 million loan agreement to modernise and expand water supply and sanitation infrastructure across Chennai.
The engagement between the Government of India and the ADB for finalising the loan took place under the guidance of Baldeo Purushartha, Joint Secretary (ADB & Japan) at the Department of Economic Affairs, according to the Ministry of Finance.
The formal loan agreement was signed by Saurabh Singh, Deputy Secretary in the Department of Economic Affairs under the Ministry of Finance on behalf of the Government of India, and Mio Oka, Country Director of the India Resident Mission, representing the ADB.
The Chennai Climate-Resilient Water Security and Sewerage Project initiative aims to provide safe and reliable water supply alongside improved sanitation services across the city. The project seeks to build resilience against climate change, support public health and living standards, and establish an efficient, financially viable urban water network.
This development builds upon earlier investments by the ADB in Chennai to widen access to equitable water distribution and waste management services. The initiatives align with key urban development programmes of the Government of India, including the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 and the Urban Challenge Fund.
Under the scope of the project, authorities will construct more than 170 kilometres of water supply and sewer pipelines. The infrastructure plan also includes upgrading seven water pumping stations and 38 sewer pumping stations across the metropolitan region.
Additionally, the project aims to strengthen water utility assets and operational management through the implementation of performance-based contracts.
Through these interventions, Chennai will become the first city in India to deploy a comprehensive ring-main system. The closed-loop plumbing design maintains balanced water pressure and distributes water efficiently across designated service zones, enhancing system reliability, distribution equity, and resilience against natural hazards.
The ADB will also support the digital transformation of local water and sanitation services by introducing real-time monitoring, data-driven operational decision-making, and mechanisms for customer responsiveness.
Advanced technologies will be introduced under the project to eliminate hazardous manual inspections of sewer lines, ensure faster and safer blockage identification, and raise safety standards for sanitation workers. The initiative will also prepare distribution networks across at least two zones in Greater Chennai for future capital investments. (ANI)

Tags

Related News

Global bond yields pose challenge for emerging markets; India sees FDI confidence: DEA Secy Anuradha Thakur
Business
Global bond yields pose challenge for emerging markets; India sees FDI confidence: DEA Secy Anuradha Thakur

<p>New Delhi [India], October 4 (ANI): Rising global bond yields are making capital more expensive for emerging markets,...

India's strong growth fundamentals face risks from prolonged external shocks: Erik Berglöf
Business
India's strong growth fundamentals face risks from prolonged external shocks: Erik Berglöf

<p>New Delhi [India], October 4 (ANI): India's strong growth fundamentals remain intact, but prolonged external shocks a...

BRICS can help build cooperation amid global fragmentation: Juliano Assunção
Business
BRICS can help build cooperation amid global fragmentation: Juliano Assunção

<p>New Delhi [India], October 4 (ANI): BRICS can provide an important platform for countries to deepen economic cooperat...

Adani Skills & Education, Kachchh University launch Centre of Excellence to boost green energy jobs in Kutch
Business
Adani Skills & Education, Kachchh University launch Centre of Excellence to boost green energy jobs in Kutch

<p>New Delhi [India], October 4 (ANI):  Adani Skills & Education (ASE) and Kachchh University on Sunday launched a Centr...

India must sustain reform momentum for resilient long-term growth: Shaktikanta Das
Business
India must sustain reform momentum for resilient long-term growth: Shaktikanta Das

<p>New Delhi [India], October 4 (ANI): India must sustain its reform momentum and focus on building long-term productive...

India's economic resilience reflected in upward growth revisions: MoSPI Secy Saurabh Garg
Business
India's economic resilience reflected in upward growth revisions: MoSPI Secy Saurabh Garg

<p>New Delhi [India], October 4 (ANI): India's continued economic resilience, supported by strong corporate performance...