Pune Municipal Corporation, IFC tie-up for STP project

28 Jun 2023 CW Team

The Pune Municipal Corporation (PMC) has signed an agreement with the International Finance Corporation (IFC) under which the civic body will borrow a loan to build more Sewage Treatment Plants (STPs) in the city. On behalf of the PMC, municipal commissioner Vikram Kumar signed an agreement with the IFC authorities.

On the occasion, Kumar said, “IFC would do a detailed study of the project and suggest how to borrow long term loan and what should be the interest rate for the same. PMC will accordingly plan to use these funds to establish new STP facilities.”

Recently 34 villages were merged into PMC limits and these areas did not have proper sewage management systems in place. Now, to cater facilities to these villages, the civic body plans to build the STPs, and the agreement will see the IFC act as an advisor for the Rs 1,000 crore project. Under the agreement, the IFC will survey sites across the city and will guide PMC to initiate the long-term project.

Meanwhile, for old city areas, PMC has already received funding from Japan International Corporation Agency (JICA) to carry out a river rejuvenation programme, under which the civic body is installing STPs for Peth areas.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..