India, Oct. 15 -- EIB Global, the European Investment Bank's development arm, is lending the Indian government $191million to upgrade and expand water infrastructure in the northern state of Uttarakhand. The project is the first of its kind for EIB Global in India and covers water supply and sanitation in Uttarakhand, which is undergoing rapid growth in agriculture, manufacturing and tourism.
The EIB Global loan will go towards planned improvements in critical water and sanitation infrastructure and will include continuous monitoring to reduce water leaks, automatic meter reading, greater plant automation, real-time remote data collection and new connections for underserved communities. Around 900000 people in Uttarakhand will benefit from...