Punjab To Seek $210 Million Loan For Canal-Based Water Supply To Two Cities
Punjab will search a $210 million mortgage from World Bank or Asian Infrastructure Investment Bank (AIIB) for a canal-based water provide venture in Amritsar and Ludhiana, beneath the Punjab Municipal Service Improvement Project (PMSIP).
The choice was taken at the moment by the state Cabinet at a digital assembly chaired by Chief Minister Amarinder Singh, in line with an official assertion.
The state Cabinet authorised Chief Minister Amarinder Singh to take any choice to satisfy the aims of the venture and to make sure profitable and well timed implementation of varied actions proposed by the World Bank or AIIB.
The Cabinet was knowledgeable that the present water provide system to the residents of Ludhiana and Amritsar is thru deep bore tube wells put in at completely different websites.
However, with the passage of time, the bottom water degree is depleting, inflicting the tube-wells to wish frequent substitute. Also, the discharge within the tube-wells will get diminished, because of which residents typically complain of inadequate water for consuming functions.
“To overcome this problem, it has now been decided to shift to canal-based water supply in these two towns with the assistance of World Bank/AIIB by seeking a loan of $210 million.
“The work for canal-based water provide for Amritsar city has already been awarded, whereas a request for proposal for Ludhiana city is being floated. The implementation interval for this venture shall be three years after award of labor,” the assertion mentioned.
The state authorities, in June 2018, by the Department of Economic Affairs (DEA), Union authorities, had requested the World Bank to help Punjab in implementing around the clock canal-based water provide tasks in Amritsar and Ludhiana.
With technical help from the World Bank, the pre-feasibility studies have been ready for each cities in 2015 and up to date in 2019. It proposed the necessity to migrate from quickly depleting and contaminated decentralised floor water sources to a centralised handled floor water supply.
(Except for the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)