ADB Approves $200 Million Loan for Climate-Resilient Sewerage

27 Feb 2025 CW Team

The Asian Development Bank (ADB) has approved a $200 million loan to strengthen climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata, enhancing the city’s livability and sustainability.

This initiative, part of the Kolkata Municipal Corporation (KMC) Sustainability, Hygiene, and Resilience (Sector) Project, aims to improve living conditions, public health, and flood resilience, particularly benefiting vulnerable groups, including women and children.

Addressing Kolkata’s Urban Challenges Kolkata, one of India’s most populous and densely populated cities, faces persistent urban flooding and sanitation issues due to inadequate drainage and sewerage systems. The situation is worsened by climate change, which has led to increased heavy rainfall and waterlogging.

The project will focus on: Expanding Sewerage & Drainage Networks

84 km of trunk and secondary sewerage pipelines 176 km of lateral sewerage pipelines, connecting households 50,000 new household sewer connections 1 sewage treatment plant and 5 pumping stations Enhancing Urban Resilience

Developing an IT-based asset management system for KMC Strengthening property tax revenue collection Expanding the early flood warning system from a previous ADB initiative Raising community awareness on water, sanitation, and hygiene (WASH) Empowering women through skills training and internships

About ADB The Asian Development Bank (ADB) is a leading multilateral institution dedicated to sustainable, inclusive, and resilient growth across Asia and the Pacific. Established in 1966, ADB is owned by 69 members, with 49 from the region. The bank leverages innovative financial tools and partnerships to build quality infrastructure, safeguard the environment, and transform lives.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..