Kolkata Environmental Improvement Investment Program-Tranche 3 (ADB-42266-026)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Kolkata
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 13, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 102.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 143.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Sep 21, 2018


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Project Description

According to the bank website, "Project 3 will continue expanding sewerage and drainage services in selected peripheral areas of Kolkata Municipal Corporation (KMC) to at least 3,000 additional households and provide sewage treatment for at least 100,000 households covered under Kolkata Environmental Improvement Investment Program. It will construct (i) at least 43 km of additional sewer drain pipes; (ii) four pumping stations and at least 13 km of pumping mains and one existing pumping station upgraded; and (iii) three sewage treatment plants, with at least 115 million liters per day combined capacity. Project 3 will support KMC in enhancing its operational capacity and resilience of urban services. It will provide planning, preparatory and transaction advisory services for a comprehensive sanitation improvement in Kolkata, improve inclusiveness of public places, and provide training and capacity building of KMC staff in resilient urban services operations.

 

Investment Description
  • Asian Development Bank (ADB)

Co-financing:
Government US$ 43 million

Contact Information

Responsible ADB Officer Pokhrel, Neeta
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Executing Agencies Kolkata Municipal Corporation
5, S.N.Banerjee Road, Kolkata 700 013, India

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main