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Summary sheet

Release date
16 October 2024
Status
Reference
Approved | 09/10/2024
20230238
Project name
Promoter - financial intermediary
UTTARAKHAND WATER AND SANITATION
UTTARAKHAND URBAN SECTOR DEVELOPMENT AGENCY
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 200 million (EUR 183 million)
USD 466 million (EUR 425 million)
Location
Sector(s)
Description
Objectives

The project will finance investments to improve water supply and sanitation services in six cities of the Indian State of Uttarakhand. The loan will support the construction of new infrastructure, such as new treatment plants, the expansion of water supply network and wastewater collection system to unconnected customers as well as the rehabilitation and upgrade of the existing water supply systems by reducing water losses and energy consumption.

The aim is to achieve almost full, efficient and quality service coverage by 2030, as per Government of Uttarakhand Vision 2030. With its strong focus on climate adaptation and gender equality, the project also contributes to achieve several Sustainable Development Goals (1, 3, 6, 11, 13).

Environmental aspects
Procurement

The promoter shall implement and operate the investments in conformity with national laws, as well as the EIB's environmental and social standards. The project intends to bring environmental benefits by pollution abatement in water bodies and mitigate climate change through the reduction in emissions due to centralised wastewater treatment as well as reduction in water leakage and improving energy efficiency. Most of the schemes to be financed under the investment loan are expected to have limited environmental and social impacts. However, some of the investments may fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending the EIA Directive 2011/92/EU) if located in the EU, requiring the competent authorities to determine whether an environmental impact assessment (EIA) is required. Where a formal EIA is required (or would be required, were the project located in the EU), a copy of the Environmental & Social Impact Study or the Non-Technical Summary (NTS) or equivalent document will be provided to the Bank, and published on its website. The promoter will also be required to verify that none of the schemes submitted for financing by the Bank have a significant negative impact on any site of nature conservation importance. The promoter's capacity to ensure that the schemes are in compliance with the EIB's environmental and social standards and the principles of relevant EU Directives will be also verified at appraisal. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation, climate adaptation, sustainable use and protection of water and marine resources.

The promoter shall ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.

Milestone
Under appraisal
Approved
9 October 2024
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - UTTARAKHAND WATER AND SANITATION
Publication Date
18 Oct 2024
Document language
Main Topic
Lending
Document Number
224930150
Document Focus
Environmental Information
Project Number
20230238
Countries
Publicly available
Download now
Other links

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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