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Fluor to design-build solar panel facility in Singapore

Publisher: Elsevier Science
Year: 2008
Tongue: English
Weight: 67 KB
Volume: 2008
Category: Article
ISSN: 1359-6128
DOI: 10.1016/s1359-6128(08)70414-2

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✦ Synopsis

ADB extends loan for water supply in India

T he Asian Development Bank (ADB) has approved a US$71 million supplementary loan for an urban water supply project in India's Madhya Pradesh state.

The project aims to improve the water supply services, sewerage and sanitation services, storm-water drainage, and solid waste management in Bhopal, Gwalior, Indore and Jabalpur.

ADB and India signed a US$181 million loan agreement in March 2005 to support the project. However, progress was hampered by the slow awarding of contracts, which eventually led to a huge cost overrun due to the rupee appreciation and price increases since the project appraisal in 2003.

"Without the additional funding, the project in its original scope cannot be completed, and the integrity of the urban infrastructure system for water supply, sewerage, and waste disposal will be severely undermined," warned Hiroyuki Ikemoto, an urban economist at

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