PrelimsBanking & Economics Affairs
India and ADB Sign $230 Million Loan for Chennai Water Project
ADBChennaiWater Security
# India and ADB Sign $230 Million Loan for Chennai Water Project
### Why in News?
India and the **Asian Development Bank** signed a $230 million loan for the **Chennai Climate-Resilient Water Security** and **Sewerage Project**.
### What will the project improve?
- The project will upgrade water-supply and sewer networks, including pipelines and pumping stations.
- Chennai is set to use a ring-main water system — a closed-loop network that can maintain more balanced pressure and improve resilience when part of the network is disrupted.
- It also introduces digital monitoring and safer technology to reduce hazardous manual sewer inspections.
### Exam Connect
- **ADB** → **Asian Development Bank**; headquarters Manila
- **AMRUT** 2.0 → urban water-security mission
- **Project** → Chennai, **Tamil Nadu**