Pune Municipal Corporation Seeks ₹1,167 Crore IFC Loan For Water, Sewage And Flood Control Projects
Pune: The Pune Municipal Corporation (PMC) has approached the International Finance Corporation (IFC) for a ₹1,167-crore loan to fund half of a ₹2,334-crore infrastructure package proposed under the Union government’s Urban Challenge Fund (UCF). The projects will focus on improving water supply, sewage treatment and flood management in Pune. Under the proposed funding model, the Union government…
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