The National Mission for Clean Ganga (NMCG) inked two quadripartite agreements for development of sewage infrastructure, including a 35 MLD STP, for Maheshtala in West Bengal under hybrid annuity mode (HAM).

The project will entail a total cost of Rs 273.52 crore. One agreement is an escrow agreement between National Mission for Clean Ganga (NMCG), Kolkata Metropolitan Development Authority (KMDA), Maheshtala Waste Water Management (MWWMPL) and Union Bank of India.

The other agreement is a Substitution Agreement between NMCG, KMDA, MWWMPL and Oesterreichische Entwicklungsbank (Development Bank of Austria).

The project aims to stop the flow of sewerage into River Ganga from the town. The major components of the project include a 35 MLD Sewage Treatment Plant STP, four pumping stations, six diversion structures, repair & rehabilitation work, 15 years operation and maintenance, etc.

The project is under HAM wherein 40 percent of construction cost will be paid during 24- months construction period and balance 60 percent will be paid as quarterly annuities along with interest and operation & maintenance (O&M) cost over a period of 15 years.

Oesterreichische Entwicklungsbank AG (Development Bank of Austria) is financing MWWMPL, which will be responsible for the entire development and operation of both sewerage network.

here is company details.

 

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