An Additional Loan Agreement Signed for “Suda Small Town Water Supply and Sanitation”, Kanchanpur

The Executive Director of Town Development FundMr. Maniram Singh Mahat and  the chairperson of Suda Town  Water Users and Sanitation Committee (WUSC), Kanchanpur- Mr. Thaneshwor Prasad Bhatta signed an additional loan agreement of NRs.15,593,750.00 due to Variation Order -1 and price adjustment for “Suda Town Water Supply and Sanitation Project” under the Third Small Town  Water Supply and Sanitation Project (TSTWSSP) on the First December 2019 (BS 2076/08/15) at the office of Town Development Fund, Kathmandu. The final loan amount for this project will be NRs. 82,624,000, which is 25.00% of the total project cost. GoN will disburse 70% of total project cost as grant through TSTWSSP and the remaining 5% will be the matching fund contributed by water users and sanitation committee- WUSC as an upfront cash.

The project service area covers the whole area of Ward No.1, 6, 7, 8, and 9  of Suda  rural municipality and ward no. 1 of Bhimdutta Municipality with 24 hours continuous supply of potable water, as recommended by Nepal Drinking Water Quality Standard (NDWQS) guidelines. The project will directly benefit the population of 14,992 living in 2,562 households now, fulfilling the water demand.