NDB approves Rs 698 crore for Himachal water supply scheme


Shimla : The New Development Bank (NDB) has given approval in principle for the 1st phase of the proposal of Himachal Pradesh of 80 million USD (Rs 698 crore). This project envisages augmentation of water supply schemes in partially covered habitations in the hill stare to provide 70 litres water per day per head.

This was stated by an official spokesman here today. He said a Tripartite Portfolio Review Meeting (TPRM) in this regard was held yesterday for consideration of Himachal Pradesh Water Sector Project proposed under New Development Bank (NDB) funding.

He said that the meeting was attended through video conference by officers of Department of Economic Affairs, Ministry of Finance, New Development Bank officers and officers of Jal Shakti Vibhag.