ADB Approves $200 Million Loan for Climate-Resilient Sewerage
ECONOMY & POLICY

ADB Approves $200 Million Loan for Climate-Resilient Sewerage

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.

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.

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Next Story
Infrastructure Energy

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement