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ADB $100 million Loan to Provide Sustainable Urban Services in Five Uttarakhand Towns
Government of India today signed an agreement for a $100 million loan with Asian Development Bank (ADB) as second tranche of Uttarakhand Urban Sector Development Investment Program which will support rehabilitation and expansion of basic urban infrastructure in five major urban centers of Uttarakhand and ensure sustainable municipal service delivery.
The project will supplement the urban infrastructure program already initiated under the first tranche inDehradun, Haridwar and Nainital and will be extended to cover in addition Haldwani, Roorkee andRamnagar towns specially for improving the water supply infrastructure that will benefit about 800,000 residents. A comprehensive sewerage system will also be developed under the project, which will provide improved sanitation facilities to about 100,000 residents of Roorkee town.