AfDB approves $570m loans for urban projects in Rajasthan, Madhya Pradesh

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New Delhi: The Asian Development Bank (ADB), headquartered in Manila, announced on Friday that it had approved two loans totaling $570 million (about Rs 4,200 crore) for urban sector projects in Rajasthan and Madhya Pradesh. The AfDB announced that it had approved a $300 million loan to develop secondary cities in Rajasthan and a $270 million loan for the Madhya Pradesh Urban Services Improvement Project.

In a statement, the AfDB said the $300 million loan was approved to finance inclusive water supply and sanitation infrastructure and services in secondary towns in Rajasthan.

“The project is expected to construct city-wide access for improved water supply services for approximately 5.70,000 people and improved sanitation services for approximately 7.20,000 people in at least 14 secondary towns These localities have between 20,000 and 100,000 inhabitants,” he said. .

He added that as a result of the project, water supply systems in at least eight project towns are expected to improve by 2027, with around 1,00,000 households, including all poor urban households, benefiting from five plants. new or rehabilitated water treatment plants and 1,350 kilometers of distribution networks.

City-wide sanitation systems based on the most cost-effective solutions will also be developed, he said, adding that the project will build on three previous related projects and AfDB-funded sector reforms. in Rajasthan.

In a separate statement, the AfDB announced that it had approved a $270 million loan for the construction of water supply infrastructure and integrated stormwater and wastewater management in Madhya Pradesh.

The loan is additional financing to expand the scope of the Madhya Pradesh Urban Services Improvement Project, which was approved in 2017 with a $275 million loan.

It will expand the results of the current project by benefiting an additional 1,85,000 households, or about 1.3 million people, the AfDB said.

“The project will receive support from the Bill & Melinda Gates Foundation, specifically for the integration of city-wide inclusive sanitation principles into the planning, design, implementation, operation and maintenance. maintenance of sanitation sub-projects,” he said.

As with the previous loan, the AfDB said, the project will support continued institutional strengthening and capacity building of the Department of Urban Development and Housing and Madhya Pradesh Urban Development Company Limited.

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