World Bank Backs Bengaluru Water Security with $426 Million Investment
The World Bank has greenlit a substantial investment of USD 426 million aimed at securing water resources and boosting flood resilience for over four million residents in Bengaluru. This ambitious initiative targets the sprawling city's pressing water challenges while enhancing its capacity to cope with extreme weather events.
Reviving Bengaluru’s Lakes to Combat Flooding
At the heart of the project lies the restoration of Bengaluru’s 183 lakes, which play a crucial role as natural sponges during heavy rains. Reviving these water bodies will help effectively manage stormwater runoff, reduce urban flooding, and improve groundwater recharge.
Strengthening Disaster Preparedness and Response
The programme will bolster the Karnataka State Natural Disaster Monitoring Centre. It will enable better early warning systems and enhance the city's preparedness and response to extreme weather events, thus providing critical support to vulnerable communities.
Modernizing Water Infrastructure and Expanding Sewerage Services
Beyond flood mitigation, the initiative aims to upgrade Bengaluru’s aging water supply infrastructure. With the involvement of private capital amounting to USD 5 million, the project plans to roll out innovative solutions such as smart water meters to improve efficiency and reduce losses.
- Replacement of deteriorating water pipes
- Provision of sewerage connections to over 100,000 households
- Construction of nine new sewage treatment plants (STPs) to prevent contamination of lakes and drains
These STPs will treat wastewater to standards suitable for reuse in industrial processes and to recharge groundwater reserves within Greater Bengaluru, promoting sustainable water management.
Financial Terms and Long-Term Outlook
The funding comes in the form of a loan from the International Bank for Reconstruction and Development (IBRD), with a 20-year maturity period and a grace period of five years. This financial support is expected to significantly boost the capacity of the Bangalore Water Supply and Sewerage Board, ensuring more resilient and efficient water services for the city's rapidly growing population.
With growing urbanization and climate-related challenges, this comprehensive water security and resilience programme marks a critical step towards sustainable development and improved quality of life in Bengaluru.