UT rethinks 24/7 water supply project as costs soar | Chandigarh News
The Chandigarh Administration is reconsidering its pan-city 24×7 water supply project after costs jumped by more than Rs 225 crore, prompting concerns over a steep financial burden on residents. A status report on the project will be tabled in the Municipal Corporation’s General House meeting on November 28. A senior UT official said growing public resistance and rising costs have forced a rethink. “Several representations have gone to the UT Administrator. People want clean water, not 24-hour water. They fear the entire city will be dug up to lay new pipes and that the pits will never be properly filled. They also worry about the additional financial burden on residents, so the project is being reconsidered. The status report is being placed before the House,” the official said. Cost escalation and viability concerns The project aimed at modernising the distribution network, improving service reliability and cutting non-revenue water was originally valued at Rs 412 crore. Loan repayment calculations were based on a six-month EURIBOR (Euro Interbank Offered Rate) of 0.26% and a fixed interest rate …
