Government of India and the Asian
Development Bank (ADB) signed a $230 million loan agreement
¨
The Government of India
and the Asian Development Bank (ADB) signed a $230 million loan agreement on 21
August 2026.
¨
The loan is for the
Chennai Climate-Resilient Water Security and Sewerage Project.
¨
The project aims to
strengthen water supply and sanitation infrastructure in the Greater Chennai
area.
¨
It is expected to benefit
around 4.5 million people.
¨
The project will
construct more than 170 km of water supply and sewer pipelines.
¨
It includes the
upgradation of 7 water pumping stations in Chennai.
¨
38 sewer pumping stations
will also be upgraded.
¨
The loan agreement was
signed by Saurabh Singh, Deputy Secretary, Department of Economic Affairs, on
behalf of India.
¨
Mio Oka, Country
Director, India Resident Mission of ADB, signed the agreement on behalf of ADB.
¨
ADB approved the project
on 3 July 2026.
¨
Chennai will become the
first city in India to implement a closed-loop ring-main system for water
supply.
¨
The system will help
balance water pressure across the water supply network.
¨
It will also improve the
resilience of the water network against natural hazards.
¨
The project includes
digital monitoring of water and sewer networks.
¨
Mechanised equipment will
be used for sewer inspection.
¨
The project focuses on
improving water security, climate resilience and sanitation infrastructure in
Chennai.