The Government of India and the Asian Development Bank (ADB) on Friday signed a $230 million loan agreement for the Chennai Climate-Resilient Water Security and Sewerage Project, aimed at expanding and modernising the city’s water supply and sanitation infrastructure, the Ministry of Finance said.
The project will improve access to safe and reliable water supply and sanitation services across Chennai, while strengthening the city’s resilience to climate change, improving public health and quality of life, and supporting a more efficient and financially sustainable urban water system.