LOAN AGREEMENT FOR WATER AND SANITATION PROJECT OF DIKTEL BAZAR, KHOTANG

The Executive Director of Town Development Fund Mr. Maniram Singh Mahat and the chairperson of Ramkhola-Maajkhola Sana Sahari Khanepani tatha Sarsafai Upabhokta Sastha (WUSC), Diktel Bazar, Khotang Mr. Dhan Kumar Joshi signed a loan agreement of NRs. 56,389,500.00  for “Diktel Town Water Supply and Sanitation Project”  in the presence of  Member of Parliament Assembly from Khotang District, Mr. Bishal Bhattarai, Mayor of Rupakot Majuwagadi  Municipality, Mr. Deep Narayan Rijal; under the Urban Water Supply and Sanitation Project (UWSSP) on dated 27 March 2019 (BS 2075/12/13) at Town Development Fund Office, Kathmandu. The total loan amount is 25.00% of the contract cost of NRs. 225,558,000.00. The rest 70% will be provided by the Government of Nepal through Urban Water Supply and Sanitation Project (UWSSP) and the remaining 5.00% will be the matching fund contributed by WUSC as an upfront cash. The project service area covers the partial area of the ward number 1, 2 & 3 of the Rupakot- Majuwagadhi 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 7,822.00 living in 1,049.00 households now, fulfilling the water demand.