State cabinet approves Rs. 221 Crores water supplies scheme for Jalgaon

State cabinet approves Rs. 221 Crores water supplies scheme for Jalgaon:

Jalgaon city’s much awaited and discussed 221.21 Crores cost based water supplies project has been approved by State Government yesterday in its cabinet meeting. State has announced availing Rs. 27.65 Crores for this project in current year. Project aims in reinstating city drinking water supply pipelines with newer lines for efficient and proposed daily water supplies.Project has mandatory 27.65 Crores fund participation from Corporation and this has to be done by depositing in escrow account. Gathering this fund is a big challenge for financially weaker Jalgaon Corporation. Corporation’s current annual earning is around 15 Crores from water taxes and around 5.50 Crores per month from LBT. Corporation is facing difficulties in executing repayments of its JDCC Bank and HUDCO loans. Corporation is yet to announce its response in the reference.

Categories: JALGAON NEWS