ADB provides Rs 7.57 billion soft loan to manage waste water in Kathmandu

KATHMANDU: The Asian Development Bank has agreed to provide a loan assistance of USD 80 million (equivalent NRs 7.57 billion) to the Nepal for the implementation of the Kathmandu Valley Waste Water Management Project, according to a press statement released by the Ministry of Finance. The project is expected to be completed by the end of 2018.

Ministry of Urban Development is the executing agency while the Kathmandu Upatyaka Khanepani Limited (KUKL) and Kathmandu Valley Water Supply Management Board (KVWSMB) are the implementing agencies of project.

The KVWWMP comprises of three components — rehabilitation and expansion of sewerage network; moderanisation and expansion of wastewater treatment plants; and capacity building and support for operational and financial improvements.

The main objective of the project is to improve the waste water services in Kathmandu Valley. The project will invest to maximise the efficiency and effectiveness of existing waste water sector infrastructure and service provision provided or planned, to restore, establish, and extend waste water services in Kathmandu Upatyaka Khanepani Limited (KUKL) service areas in order to improve the water quality in urban rivers, tributaries and ecosystems