ADB approves $500 mn for Tamil Nadu water supply, sewerage, drainage infra

The Board of Directors of the Asian Development Bank (ADB) has approved financing of up to $500 million for a multitranche financing facility (MFF) that will develop climate-resilient water supply, sewerage, and drainage infrastructure in at least 10 cities in Tamil Nadu. Country's first solar-powered sewage treatment plant on a pilot basis will also be part of the programme.With almost half of the state population living in cities, Tamil Nadu is the most urbanised of India's large states, said ADB Senior Urban Development Specialist Ron Slangen. He added, managing this rapid urbanisation is essential for sustaining its economic growth and alleviating poverty. The state suffers from recurring droughts and erratic monsoons linked to climate change resulting in severe water scarcity and urban flooding. "ADB's support will help address these complex urban challenges through innovative and climate-resilient investment and deeper institutional support," said Slangen.Tamil Nadu is the ...

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