- The loan amount of USD 300 million was approved for the same.
- The canal-based drinking water projects in the state will grant quality drinking water along with minimizing water losses for Amritsar and Ludhiana cities of the state.
- The project will be co-financed by IBRD (International Bank for Reconstruction and Development) of World Bank with the contribution of USD 105 million. The AIIB will contribute USD 105 million and the state government will contribute USD 90 million for the complete project.
- The source of the water for the project in Amritsar will be from Upper Bari Doab Canal.
- The project will be executed to develop a water treatment plant with a capacity of 440 million litres per day. The water treatment plant will be constructed at Vallah village of Amritsar.
- The treated clean water will be pumped to the Over Head Service Reservoirs which will grant water to the entire city.
- Whereas, the source of water for the project which will be developed in Ludhiana will be from Sirhind Canal.
- For this, a water treatment plant of 580 million liters per day capacity will be constructed which will be further provided to Over Head Service Reservoirs to supply water to the city.
- Static Part:
- HQ of World Bank: Washington DC, US
- President of World Bank: David Malpass
- HQ of AIIB: Beijing, China
- President of AIIB: Jin Liqun
- Lakes in Punjab: Harike Lake, Kanji Lake, Ropar Lake
Question:
Q.1 Which financial institution approved a loan for canal-based drinking water projects in Punjab?
a. World Bank
b. Asian Development Bank
c. Asian Infrastructure Investment Bank
d. New Development Bank
e. Both (a) and (c)
a. World Bank
b. Asian Development Bank
c. Asian Infrastructure Investment Bank
d. New Development Bank
e. Both (a) and (c)
