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adb to provide 80 million us dollars for waste water management

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Kathmandu, July 3: The Asian Development Bank (ADB) has agreed to provide a loan assistance of 80 million US dollars (equivalent NRs 7.57 billion) to the Government of Nepal for the implementation of the Kathmandu Valley Waste Water Management Project.

An agreement to this end was signed between the Government and the ADB amidst a function in the capital today, according to the Ministry of Finance.

Joint Secretary at the Ministry of Finance Madhu Kumar Marasini and Country Director of Asian Development Bank in Nepal Kenichi  Yokoyama signed the agreement on behalf of  the Government of Nepal and Asian Development Bank respectively.

The Ministry of Urban Development is the executing agency while Kathmandu Upatyaka Khanepani Limited (KUKL) and Kathmandu Valley Water Supply Management Board (KVWSMB) are  implementing agencies of the Project, adds the Ministry.

The main objective of the project is to improve the wastewater services in Kathmandu Valley.

The project will invest to maximize the efficiency and effectiveness of existing wastewater sector infrastructure and service provision provided or planned, to restore, establish, and extend wastewater services in Kathmandu Upatyaka Khanepani Limited (KUKL) service areas in order to improve the water quality in urban rivers, tributaries and ecosystems.

The project comprises three components including rehabilitation and expansion of sewerage network, moderanization and expansion of wastewater treatment plants and capacity building and support for operational and financial improvements.

Upon completion, the project is expected to improve the wastewater service delivery, increase efficiency and improve the health and quality of inhabitants of Kathmandu Valley. The Project is expected to be completed by December 2018.

Improving water quality in Bagmati river and its tributaries, good sewage management in the urban centres and a treatment plant at Dhobighat of Lalitpur are also of the project.

It also aims to expand the capacity of treatment plants in Kathmandu from existing 16.4 million litres per day to 90.5 million liters in 2018.

Speaking on the occasion, Country Director  Yokoyama said the Bank has provided the loan to meet the scarcity of investment to improve unplanned urbanization, poor state of sewage management and treatment of waste water.

Joint Secretary Marasini expressed gratitude to the Bank for its continued support for the socio-economic development of Nepal. RSS

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Jagran khabar: adb to provide 80 million us dollars for waste water management
adb to provide 80 million us dollars for waste water management
Jagran khabar
https://www.jagrankhabar.com/2013/07/adb-to-provide-80-million-us-dollars.html
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