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

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement