+
India enters $61 mn deal with ADB for development of Agartala city
SMART CITIES

India enters $61 mn deal with ADB for development of Agartala city

The government has signed a $61 million loan deal with the Asian Development Bank (ADB), to improve livability, harness technology, and support new developments to support the increasing population in Agartala city.

Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, inked the deal on behalf of the Government of India, while Takeo Konishi, Country Director of ADB’s India Resident Mission, inked for ADB.

After inking the loan deal for Agartala City Urban Development Project, Mishra told the media that the project is aligned to the vision of the centre's Smart City Mission to improve urban infrastructure services and will enhance livability in Agartala with terms of better road connectivity, flood resilient measures and making tourist locations more attractive.

ADB will catalyse synergies through this project, with the smart city elements being executed in Agartala via an underground utility corridor with the shifting of electrical lines, including elderly, women, children, and differently-abled responsive features, enhancing road geometry along with urban design interventions.

He additionally said that the provision of asset management and sustainability strategy, capacity-building of tourism operators and livelihood enhancement of street vendors and artisans, would serve as a model to other assets and tourist attractions in Agartala, and other cities in Tripura.

The project will develop and improve 48 km of new or existing stormwater drainage and build 23 km of climate-resilient urban roads.

Other interventions would involve renovating open spaces and building water recreation and lakeside walkways in the Maharaja Bir Bikram College lake and the Ujjayanta Palace, which are significant tourist places in the city.

Developing Agartala’s central and north zones as models of area-based development following the principles of the smart city mission initiative is likely to have a ripple effect on other parts of the city and nearby cities and towns by improving urban areas and making them more citizen-friendly, resilient, livable and sustainable.

Image Source

The government has signed a $61 million loan deal with the Asian Development Bank (ADB), to improve livability, harness technology, and support new developments to support the increasing population in Agartala city. Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, inked the deal on behalf of the Government of India, while Takeo Konishi, Country Director of ADB’s India Resident Mission, inked for ADB. After inking the loan deal for Agartala City Urban Development Project, Mishra told the media that the project is aligned to the vision of the centre's Smart City Mission to improve urban infrastructure services and will enhance livability in Agartala with terms of better road connectivity, flood resilient measures and making tourist locations more attractive. ADB will catalyse synergies through this project, with the smart city elements being executed in Agartala via an underground utility corridor with the shifting of electrical lines, including elderly, women, children, and differently-abled responsive features, enhancing road geometry along with urban design interventions. He additionally said that the provision of asset management and sustainability strategy, capacity-building of tourism operators and livelihood enhancement of street vendors and artisans, would serve as a model to other assets and tourist attractions in Agartala, and other cities in Tripura. The project will develop and improve 48 km of new or existing stormwater drainage and build 23 km of climate-resilient urban roads. Other interventions would involve renovating open spaces and building water recreation and lakeside walkways in the Maharaja Bir Bikram College lake and the Ujjayanta Palace, which are significant tourist places in the city. Developing Agartala’s central and north zones as models of area-based development following the principles of the smart city mission initiative is likely to have a ripple effect on other parts of the city and nearby cities and towns by improving urban areas and making them more citizen-friendly, resilient, livable and sustainable. Image Source

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App