ADB, India sign $270m loan for water supply project in Madhya Pradesh
The Asian Development Bank and the Government of India have signed a $270 million loan to develop water supply and integrated storm water and sewage management infrastructure in the state of Madhya Pradesh. The funds will also strengthen capacities of urban local bodies for improved service delivery.
This is an additional financing to scale up the scope of the ongoing Madhya Pradesh Urban Services Improvement Project, which was approved in 2017 with a $275 million loan. It will expand the outcome of the current project by covering additional 64 small cities, benefiting 185,000 households that consist of about 1.3 million people.
As in the previous loan, the project will support the continued institutional strengthening and capacity building of the Urban Development and Housing Department and Madhya Pradesh Urban Development Company Limited. The project will pilot an integrated urban development approach to improve urban service delivery and infrastructure of two urban local bodies.
