World Bank announces $100m to enhance water supply network in India

WCN Editorial Team 5 Apr 2016 ASIA ENERGY & UTILITIES

The World Bank has approved $100m of funding for the Karnataka Urban Water Supply Modernization Project (KUWSMP) in India to provide clean water to citizens of Hubballi-Dharwad.

The project will be implemented by the Hubballi-Dharwad Municipal Corporation.

The municipality will hire a professional water supply operating company to help improve its water supply system through a 12-year contract. It will retain ownership of the water supply assets and control of the service delivery set up.

KUWSMP will enable the Hubballi-Dharwad Municipal Corporation to set up a city-level water utility that will take over water supply operations from the operating company at the end of its contract period.

The $100m loan from World Banks’ International Bank for Reconstruction and Development (IBRD) has a five-year grace period, and a maturity of 24 years.

World Bank country director for India Onno Ruhl said: “No major city in fast-urbanizing India provides its residents with continuous piped water supply, a situation that particularly affects the poor, women and children, who spend time and money to secure water for their basic needs.

“The government of Karnataka and the city authorities of Hubballi-Dharwad are trying to change this reality. The World Bank is pleased to support their efforts to ensure that all the citizens of the twin cities, including the poor who usually remain under-served in most urban areas, have access to clean water in their homes.”

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US



World Construction Network | is a product of GlobalData. Copyright © 2022 GlobalData. All rights reserved.