ADB to provide 75 mn loan for water supply project in Karnataka

The Asian Development Bank ADB will provide a 75 million dollar loan for a water supply project in four coastal towns of Karnataka. The project would ensure round the clock water supply in four towns  Kundapura, Mangalore Puttur and Udupi.

An agreement regarding the tranche 2 loan of the programme was signed in New Delhi today. An official released said that the fund will also be used to improve sanitation infrastructure for Mangalore town.

The programme, approved by ADB Board in 2014, aims to improve urban water resource management in selected river basins in Karnataka through modernisation and expansion of urban water supply and sanitation infrastructure.

Around 75 million tranche 1 loan is helping strengthen urban water supply and sanitation services in three other towns of the State  Byadagi, Davangere, and Harihar.

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