Integrated Urban Flood Management for the Chennai-Kosasthalaiyar Basin Project (ADB-49107-009)

Countries
  • India
Where the impacts of the investment may be experienced.
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
Proposed
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.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • 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)
$ 251.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS May 13, 2020

Disclosed by Bank Mar 11, 2020


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Project Description

According to the bank's website, the proposed project will "support the Greater Chennai Corporation (GCC)0F0F in Tamil Nadu to increase its resilience to extreme weather events by (i) strengthening urban flood protection infrastructure while recharging groundwater, (ii) improving capacity of GCC and communities on planning and urban flood management, and (iii) improving operational and financial capacity of GCC's zonal offices."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Castro-Wooldridge, Vivian
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Executing Agencies Municipal Administration and Water Supply Dep't
Government of Tamil Nadu Fort St. George Chennai -600-009

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