Tamil Nadu Urban Flagship Investment Program - Tranche 1 (ADB-49107-004)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Ambur, Chennai, Coimbatore, Cuddalore, Rajapalayam, Thoothukkudi, Tiruchchirappalli, Tirunelveli, Ti
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
Active
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
Sep 28, 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)
Advisory Services, Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 172.00 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)
$ 169.00 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)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Oct 1, 2018


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Project Description

According to the bank website, "The program will develop priority water supply, sewage and drainage infrastructure in at least 10 cities located within strategic industrial corridors of Tamil Nadu. It will support innovative pilots, including India's first solar-powered sewage treatment plant (STP) to offset greenhouse gas emissions and enhance operational efficiency; strengthen urban governance; and build capacity of state and local institutions to enhance services delivery, environmental sustainability, and climate resilience."

Investment Description
  • Asian Development Bank (ADB)

Co-financing:

Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility US$ 2.00 million

Contact Information

Responsible ADB Officer Slangen, Ron H.

Responsible ADB Department South Asia Department

Responsible ADB Division Urban Development and Water Division, SARD

Executing Agencies
-Ministry of Finance (Aid Accounts & Audit Division)
CAAA@NIC.IN.
5th Floor, B Wing, Janpath Bhawan Janpath, New Delhi 110 001 India
-Municipal Administration and Water Supply Dep't
Government of Tamil Nadu Fort St. George Chennai -600-009
-Tamil Nadu Urban Infrastructure Financial Services Ltd.
MDCEO.TNUIFSL@GMAIL.COM
#19, T.P Scheme Road, Raja Annamalai Puram Chennai - 600028, 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